• Ephera
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    33 years ago

    Honestly, I’m surprised that it went mostly fine so far. If you can build source code, you can calculate anything you want. And cryptomining is certainly not the first task that could utilize strong hardware.

  • @Anachron@lemmy.ml
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    23 years ago

    I’ve said it before on https://lemmy.ml/post/61812:

    I can only agree here. The problem with the current implementation is that they encourage hacks, exploits and all that stuff.

    This can only be combated with another approach imo: Mining is not resource but time intensive. As in: No matter how many resources you throw at it, it doesn’t matter whether you run the “miner” on one or 200 computers, it will still generate the same sum.

    On how to exactly implement this would be open to discussion, but it at least combats the current issues cryptocurrencies cause to the whole industry at large.

    • @phil_m@lemmy.ml
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      13 years ago

      Well partly true, it is resource intensive, the more resources you throw on it the more likely it is that you’ll win the next block (because you’ll have a higher hashrate compared to others) and thus more rewards.

    • SubversivoB
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      13 years ago

      So, their run many parallel miners on a single machine and get the Dane result.

      • @Anachron@lemmy.ml
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        13 years ago

        That’s exactly my point. There should be a system that only allows one user/party to compute once, no matter how many instances of miners they spawn, no matter if on one computer or one hundred.