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Pools are also aggregated collections of many individual miners which are physically dispersed and not centrally managed. If a pool becomes a bad actor, physical miners can instantly redirect their hash to a new pool and move off of the old one. This incentivizes pools to do the right thing and has been a consequence in the past for pools which do things the miners don’t approve of

Brent 2y ago

I have 156 miners on Luxor pool. I don't understand what you mean that miners will instantly change pools if they see a bad actor. My miners just run blindly. And I assume the pool is doing right.

But I will watch the video sent recently and see if it covers my concern.

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Discussion

eb83184c... 2y ago

Its bad phraseology. The point is that people watch blocks being built quite a bit, and if there was a trend of unhealthy blocks being produced (like the statistic available in mempool.space) then people would figure that out very quickly. From there, its up to you to redirect hashing power to a different pool, with the knowledge that if you don't you are losing transaction fees from censored transactions. Redeploying your equipment to a different pool is a lot easier and fast than dealing with something like, staked ETH.