Total Hash Rate Total Votes Total Points
▲87.30 Th/s ▲10 ▲168
Include Ether (#887)

Hi,

I would like to suggest to include ether for mining

— abalin, 13 November 2017, 14:11

Comments & Updates

  • Ether is accelerating down the path to rid itself of PoW as much as possible. I think that Buterin (perhaps rightly) sees PoW as a means to an end (W being the means and P being the end). as much as I love mining as my main source of income, I can't imagine a "next-gen" currency with a robust development layer being one that also is driven entirely by miners. It made sense hypothetically and simplified satoshi's job of integrating strong crypto with the "usable money" parts of the BTC white paper. But looking to the most recent large market correction (and just the state of crypto in general); it is arguable that cutting miners out of the process (or at least reducing the margin for them) would make the whole space a little healthier assuming everything was made to still "work the same". So, Buterin hasn't given up on ASIC resistance; he's just taking a shortcut: reconfiguring the incentives so that any PoW needed is more or less like running a full node (not hard for someone who understands the basics, helpful to the the community, but never profitable). Before y'all hop on the self-pity express, just think about all the poor fucks, who spent the first decades of the 20th century inventing and building upgraded horse-drawn carridges that could take advantage of electricity. I can think of dozens of bits n' bobs right offhand. Of course, they would exist only in musems specializing in those lost, turned away from, and abandoned parts of history that seem so very strange when you hear of them becuase they just don't seem to make any sense given your foundational knowledge of the course of the world. Better example: Imagine an old-timey bicycle with no chain or sprocket but one HUGE front wheel with crank and pedals directly attached. Sure... that's one way to make a bike that travels large distances with only one revolution of the crank... but it's just not as good a solution as two sprockets with unequal numbers of teeth and a chain. For, like, a million reasons its a shittier solution. I bet the guy who founded the Old-Tyme Big Wheel Corporation felt pretty well stabbed in the fucking back when all the bike-manufactories canceled their Big-Front-Wheel orders and started buying chains and sprockets. But can you really say that the world would be better off if he lived happily ever after making a decent living selling those wheels, at the expense of better bicycles? ________________________TLDR________________ Ya already missed the boat, don't waste energy trying to hop onboard. Stick with something that doesnt have a dev team openly musing about how to reduce PoW on their blockchain.
    — watkins9210, 18 September 2018, 06:09
  • Proposal merged with #1116
    29 March 2018, 11:03
  • As a new miner that wishes to diversify, I like this a lot!!
    — SolidSnake1212, 14 January 2018, 12:01
  • Привет давай только подскажи как это сделать я новичек
    — Sergei4454, 10 January 2018, 20:01
  • Agreed, good way to leverage existing mining equipment and open potential new revenue streams and diversification for volatility
    — pavlovip, 26 December 2017, 00:12
  • ATLEAST INCLUDE TOP 5 (MAJOR) CRYPTO CURRENCIES. SO THAT USER HAVE THE CHOICE.
    — Shahid7547, 28 November 2017, 13:11
  • Proposal state changed: Draft Approved
    Since we have considered it as a good proposal we are now release it for public voting. If you wish to gain more support for it we recommend to promote it on mining forums with its direct URL.
    13 November 2017, 14:11

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