CryptoGwei

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6
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170
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May 13, 2016
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Recent posts
  • All anti-ASIC methods have kinda flopped, right? So instead of overcomplicating with algorithms, why not create a coin that adjusts rewards based on mining difficulty? More zeros in the hash, smaller reward. This way,…

  • I’ve been brainstorming ideas too. What if I used some 10"x6"x6" register boxes on the intake side? That would cover the fans and I could seal any gaps with foil tape. Plus, I'm thinking of cutting holes in the cooler…

  • Hey everyone, I just got a Canaan Avalonminer 1166 Pro and it’s super noisy. I want to build an enclosure for it. The shape is kinda awkward, plus it has those two fans stacked on top of each other. Makes it tricky to…

  • Exactly! PoW’s strength is in its energy cost. Under the OP’s setup, forged blocks lose direct ties to hashrate, which undermines the whole system.

  • True, but if you consider the last block only, it’s similar to Bitcoin-NG’s model. My idea? Look at all public keys from mined blocks and pick multiple leaders. We could even weigh keys based on age to make it more…

  • I'm thinking about a new crypto model that combines Proof of Work with forged blocks. Basically, you mine blocks with PoW, but then you also randomly pick forged blocks from public keys that already mined a block. This…