If anyone else is tired of what Middlecoin has done to EAC and so many other coins, I have taken my argument to a proper place. Please leave your two cents.
https://bt.irlbtc.com/view/440201.0I guess most miners are clueless on what they are actually doing. And I can't blame them either.
Imagine this:
A friend or website tells you how you can make some money.
They will tell all about the good things and how easy it is
Then you need to figure out how to get your mining rig set-up
Not to mention, to figure out and choose something to mine.
So they start on Litecoin as it is worth a lot and learn again from websites that there are better coins.
How should they choose that better coin?
Well middleCoin does that for them.
So at this stage, the miner is getting what he wants and goes off.
Why would that same miner invest time to figure out what the impact is?
And will the impact get worse? Yes, i am afraid so.
It is a waiting game for the ASIC miners to show up. Once they start and use middleCoin, imagine what happens then.
So is there anything we can do about it? Actually yes.
* Building a better scrypt algorithm
* Give MiddleCoin competition so atleast it is not only MiddleCoin any more.
* Building better mining software so it will educate miners better
or
*Atleast make the software so that it is easy to understand and lets the miner set-up its own middlecoin switching pool stuff. (So you allow a number of pools to be chosen and the miner looks at (depending on settings) which pool it should now switch to)
The last suggestion gives more control to the miner and i guess will help the other miners as well.
