it allows a large chinese hashing farm with lots of asics but poor network connectivity to specialize on just hashing. when they find a winning hash, they generate a hash puzzle that proves they have a winning hash. they sell this to another specialist, one who specializes in propagating the large blocks quickly to the small world network. the miner gets paid and moves on to the next block as the propagation company that bought the winning hash now broadcasts it as the next bitcoin block
Something very strange is happening on BCH
Thanks, I'm very, very grateful for your input. Basically this would open up a whole new world of mining. Truly big if true
>drunkard rants at a camera for 1.5 hours
>companies can find winning hashes then resell them to the highest bidder instead of just claiming the block rewards themselves
>thinking any of this makes any sense at all
>not realising this is worse than segwit
bcashsv cucks stay retarded
What would Craig gain from attacking BCH at this point anymore?
it makes perfect sense at scale. if you can solve hashes for a 10 exabyte block with 6 trillion transactions in it, but are unable to broadcast it without orphan then you sell the rights to the hash to the highest bidder. welcome to economics at scale. just stick to your raspberry pi socialism, its a safe space for you
My mind is still blown. So we can now have the following:
In a country with cheap electricity and poor network?
Solve hash puzzles
In a country with expensive electricity, but good network infrastructure?
Propagate blocks
You have happen to be good at validating transactions?
You don't need to do anything else
This opens up many contries to mining that don't have both cheap electricity and good network. Third world anyone?
what's in the blocks? they empties?
So the person with the great network connection would hash the transactions in the respective block, then forward this hash to the mining farm and they start searching for the nonce to make the block valid?
Isn't this how mining pools work?
>. if you can solve hashes for a 10 exabyte block with 6 trillion transactions in it,
>10 gigamegs per block
absolutely deluded.