GPU Mining ProgPoW EIP only with ETH Developer "Tax" on mining rewards? |
| ProgPoW EIP only with ETH Developer "Tax" on mining rewards? Posted: 12 Apr 2019 05:55 AM PDT Development Fee from Mining blocks much like Zcash
As every day goes by more I see that Ethereum community and developers just really hate the Mining Community and Miners. Because this is the basis on "funding problems", I'd like to point out a short history to people who may not know this... Vitalik and friends raised funds in 2013 for the Ethereum project. This would start as minable PoW coin for fair distribution then switch in PoS few years down the line. The transition date was set for 2017 but as we saw that didn't happen, nor did 2018 or 2019 now.
However, some short-sightedness means they forgot they would need continued cash flow for the project. So now the Developers in a panic due to low prices, low funds, and lack of asset/money management for the project. Are going to scrape the miners for there rewards. While other projects, aforementioned Zcash, do this it's was part of there written white paper(Ethereum's its not) and the start of "Zcash foundation" which handles all funding but has also grossly misspent it. there is not even a clear cut on how the funds will be handled by the EF. The idea is going back to DAO
And we all know what happened the last Ethereum DAO... Something like this just irks me to no avail as I've been a GPU mining advocate and pushing ProgPoW. Miners are always getting the short end of every stick for Ethereum. My problem is this, it's being touted as "give and take" Miners give up a part of the rewards and Ethereum implements ProgPoW. The problem is the "Give" part is something that should have been done already. If Ethereum Devs/Community, care about decentralization, PoW, and their network at all. The "Take" part can be debated, while I'm not at all against the idea of Developer's taking miner rewards to fund, many projects do this, it couldn't be the worst timing for this to "idea" to come along. Make sure you voice your opinion on this, As it stands now, it's up for debate due to the bigger Governance issues. [link] [comments]  |
| Same Gpu,Same hashrate but siffrent amount of shares? Posted: 12 Apr 2019 05:38 AM PDT Hi!Im new to mining and i build a small mining rig.(2 Rx 570 4Gb) They both run at the same hashrate but 1 gpu has 18 shares more than the other gpu.Could someone explain this to me? [link] [comments]  |
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