The Technicals of Mining
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Calem posted this in another topic, but it bears a discussion of it’s own:
https://blog.ethereum.org/2014/06/19/mining/
What I thought was most insightful is the author did this amazing in depth analysis of mining, and comes to this fantastic conclusion at the end: There’s no way to win in this game the way it’s set up right now, and a new approach is required.
Thoughts?
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This is the research I was referring to. Thank you to MrWyrm for pointing this out to me.