Global Feed Post Login
Replying to Avatar ManyKeys

Don't you think such mining pools would go bankrupt? After all it's a pool, if reputation is damaged and folks join other more honest pools, then they are left with nothing.

Opportunity cost for the attackers is greater with bitcoin, as this is not pools that are attackers but certain clique of individuals and they do not make up all the pool.

Very nuanced this is; one can't extrapolate one way with such minimal analysis of attack verctors.

Avatar
shortwavesurfer2009 9mo ago

That's true. A mining pool is nothing but a collection of individuals. And if it was known that the pool was causing problems, the individuals would leave.

Reply to this note

Please Login to reply.

Discussion

No replies yet.