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    Author Topic: Why can't all hash power contributed to mining a coin be one huge pool? And  (Read 914 times)
    ak84 (OP)
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    January 15, 2014, 10:01:57 AM
     #1

    Someone (knowledgeable) please answer this question.

    Wouldn't it be better to make all the hashing power contributed to mining of a coin one huge pool?
    Why allow mining pools at all? They only contribute to the risk of a 51% attack.

    Also, why payout coins to solvers of a block when you can split the coins up amongst those who contributed hashing power?

    Any miner who hashes a coin can get shares based on his hashing power, no mining pools allowed, no 51% risk.

    What I mean is, for a new coin, why can't it have this feature built-in?

    It seems so simple, am I missing something?

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