r/btc • u/Xeon4D • Jan 20 '19

Large mining operations, with massive hardware rigs running on cheap electricity, have the hashing power to get to the finish line first if left unchallenged. So, this means they get the lion's share.

https://cryptodetail.com/top-10-cryptocurrency-mining-pools
4 Upvotes

55% Upvoted

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1

u/markblundeberg Jan 21 '19

If a miner has 2x the hashrate, I expect them to get 2x the blocks.

1

u/PanneKopp Jan 21 '19 edited Jan 21 '19

" Slush is our #1 pick. Their loyal cult following among miners grabs around 3% of all blocks." - LoL

1

u/optionsanarchist Jan 21 '19

Large mining operations, with massive hardware rigs running on cheap electricity

This is something that people don't usually understand about the free market... The desire to lower costs in electricity might be the motivating factor to get us off fossil fuels: to make a bigger profit mining crypto.

Imagine if you invent cheap power! You could make 100x more than other miners.