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boife1 t1_izddgng wrote

Enough people can setup individual miners with the same objective or setup a DAO to mine. But still once you got 51% of ether it’s game over not the case with btc pow.

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mr_doppertunity t1_izejw0d wrote

If a single person setups a CPU miner, they have a negligible chance to mine a block. A single GPU slightly increases the chance. An ASIC - even more. But anyway the chance is so small you won’t even cover electricity bill. Because the complexity of “work” that needs to be done is insane.

So you’re proposing for individuals to organize a pool, I wonder why no one did that to try to compete with people that occupy abandoned mines with ASICs.

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