Re:Jamaican Bobsledders Ride Dogecoin Into Olympics
by im3w1l on Wednesday February 05, 2014 @02:32AM
(#7182411)
It is an incentive to keep around gear that can't normally pay for its electricity. Mining gear that isn't online 24/7 but can come online when the need arises is useful to counter a temporary 51% attack.
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Re:Jamaican Bobsledders Ride Dogecoin Into Olympics
by tlrobinson on Wednesday February 05, 2014 @03:13AM
(#7182546)
Interesting point. So miners would stay online and only mine blocks that they know would be profitable to them?
Presumably there would be a lot of such miners, which would increase competition for those more profitable blocks, which would essentially dampen out the expected value of the rewards. I wonder how the math works out.