this post was submitted on 06 Jan 2024
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Monero Mining

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[–] [email protected] 1 points 10 months ago (2 children)

poll: do you think the devs of XMR should mandate p2pool?

[–] [email protected] 1 points 10 months ago

Honestly yes. Restricting centralizing pools is similar to restricting centralizing ASICs.

[–] [email protected] 1 points 10 months ago (1 children)

I guess lemmy does not support polls...

Would be best if the protocol could somehow control pools by hashrate. So rewards were diminished the more HR the pool has as a % of the network. This is most likely not possible to enforce though.

Another option would be to somehow hamper the performance of giant pools so they are not profitable due to bandwidth or other infrastructure requirements.

[–] [email protected] 1 points 10 months ago (1 children)

I think p2pool will eventually take over because you will literally make more money mining there instead of any centralized pool

[–] [email protected] 2 points 10 months ago (1 children)

Correct, especially if you have a large amount of hashrate, that 1% pool fee may mean real money over the course of a year.

Plus if pools ever get pressured to KYC miners p2pool will be there to absorb all the refugees. P2P is the future of pool mining.

[–] [email protected] 1 points 10 months ago

This.

If the economic fundamentals support p2pool then the money/power will follow. There will always be a holdout of users but such is the marketplace of ideas. Plus it'll make it easier to spot the glowies!

Hoping that p2pool gets some more noob-friendly coverage, guides and UIs to help this trend.