Centralized Mining Is a Problem

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  • Опубликовано: 13 июн 2024
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Комментарии • 34

  • @emaSephiroth
    @emaSephiroth Месяц назад +13

    My miners are in the center of my garage. I moved them to the back, so its decentalized now.

  • @Yaxz-se3od
    @Yaxz-se3od Месяц назад +88

    My investment portfolios are Bitcoin, ETH and AMS89K

  • @jakhumber1107
    @jakhumber1107 Месяц назад +67

    I am sure that AMS89K will go 100x just like you said

  • @ronwatkins5775
    @ronwatkins5775 Месяц назад +1

    Can't the pools disconnect recent miners if their percentage approaches 50%? That would be the responsible thing to do.

  • @Carl72W
    @Carl72W 21 день назад

    Ill be mining this as soon as the hard fork

  • @davedismantled
    @davedismantled Месяц назад +2

    I guess if Radiant developers wanted to, they could change the algorithm to something ASIC resistant, no?

    • @JafarCalley
      @JafarCalley Месяц назад

      They said they don't want to. "Everything is fine"

    • @jgreat4785
      @jgreat4785 Месяц назад

      @@JafarCalley Context is everything. "Everything is fine", in the sense that the blockchain isn't under attack. That was the point of that tweet. It was in response to the claim by K! pool that "Radiant is currently under attack. And now we know that wasn't true: The miner isn't attacking the network and has no intention of doing so. Radiant is fine in that regard and doesn't need to change their project to fix this temporary issue. As SOAT said, Whatever this new hardware is, it will eventually come to market. The hashrate will get back to being truly decentralized when that happens.

  • @JafarCalley
    @JafarCalley Месяц назад +1

    Vipor has 99.7% of the network on Kylacoin because of these hashrate whales. The devs there are forking and switching to a more resistant CPU algo to combat this centralisation threat which is a great reaction IMHO.

  • @jkohutiak
    @jkohutiak Месяц назад

    Aren't these the k11 super scaler fpga?

  • @wildlyguessing
    @wildlyguessing Месяц назад

    Lithos Protocol coming in to save it all

  • @BlackRoseCrypto
    @BlackRoseCrypto Месяц назад +1

    I am AMS89K I will never stop lmao 🤣 😂😂😂

  • @Hansen710
    @Hansen710 Месяц назад

    the way they move the coins around back and forth between the same wallets is also funny..
    they are probetly trying to keep the price up somehow
    looks like someone shifted from btc to alts when the halving came

  • @gpuminer206
    @gpuminer206 Месяц назад

    Is it possible to block certain miners, specifically those running FPGAs or ASICs?

    • @jgreat4785
      @jgreat4785 Месяц назад +1

      That would be a pretty centralized moved to make.

  • @T.G1G
    @T.G1G Месяц назад

    Interesting
    I knew about the hash spikes but didn’t notice the pool centralization
    SOAT you should consider interviewing the vipornet dev to get his take on

    • @ViporAdmin
      @ViporAdmin Месяц назад

      We're always available to talk 😊 that's also why our fee is 3% to try and push more miners to other pools.

  • @paul.1337
    @paul.1337 Месяц назад

    How are US people liquidating smaller PoW coins? I mean besides a VPN and fake address.

  • @IDK_Mining
    @IDK_Mining Месяц назад

    I only mined up 1 whole KCN with my E100 lol with how theyre hitting the network its not enough … prob wasnt before lol but was hoping for a yield finance situation 🤔🤔🤔

  • @phlezktravels
    @phlezktravels Месяц назад

    Always has been :)

  • @SantiagoGomez-op2vj
    @SantiagoGomez-op2vj Месяц назад

    I've only seen the best interest rates from investments in the copy trading market, like Eledator, for example.

  • @CustomComputing
    @CustomComputing Месяц назад +1

    Why are these big farms mining to pools? If I had a farm this big, I would be solo MINING because I own 50% of almost all of the hash rate.

    • @DouglasHeyen
      @DouglasHeyen Месяц назад

      Apparently they are good at design of hw but not coding? It does make one wonder. I think they wanted to poop on vipor and vipor not wanting to let that money go took it hook line and sinker.

    • @jgreat4785
      @jgreat4785 Месяц назад

      They wanted to demonstrate to the mining world that they have no bad intentions of attacking any of these coins. The only way to do a 51% attack is if you solo mine OR the pool is in on it with you. So NOT solo mining, when that would clearly be the better move financially, says a lot about their intentions. So does moving the hashrate to Humpool. Clearly it's an Asic builder, showcasing their new hardware to the mining world.

    • @CustomComputing
      @CustomComputing Месяц назад

      @@jgreat4785 doesn’t really make sense though, you can still solo mine and not attack 51% or whatever

    • @ViporAdmin
      @ViporAdmin Месяц назад

      ​@@jgreat4785exactly this. And everyone knows we're a trustworthy and transparent pool and would never do something like that to a coin we've helped build up for so long.

  • @IsraelSocial
    @IsraelSocial Месяц назад

    After been mining for 6 years i can finally said that gpu mining is death

  • @Commandos12
    @Commandos12 Месяц назад

    i stopped mining radiant today cuz the reward fell off a cliff lol

  • @MrCoreyTexas
    @MrCoreyTexas Месяц назад

    Talk about the elephant in the room! who cares about "Radiant", and these other shitcoins, What about the news about Mining centralization in Bitcoin that Matt Corallo and mononaut revealed ?

  • @DouglasHeyen
    @DouglasHeyen Месяц назад

    IMHO I’m done with vipor. They showed they will do whatever for a buck. In crypto one needs to have a backbone. He cares nothing for the health of these networks. Only his pool fee.

    • @jgreat4785
      @jgreat4785 Месяц назад

      Are you sure? They reached out to this miner and asked them to spread their hashrate around. Now they're on Vipor and Humpool. That's a pretty selfless act.

  • @santiagoferrari1973
    @santiagoferrari1973 Месяц назад

    RXD is a shitcoin anyway.

  • @BlackRoseCrypto
    @BlackRoseCrypto Месяц назад +1

    Kylacoin I believe now that the dev has lost control of the hash with his fpga’s he now can’t manipulate the price so he’s going to cpu shocking to him there now gaint cpu farms so he’s better off with kawpow.