this post was submitted on 17 Nov 2023
483 points (98.8% liked)

Technology

60138 readers
3341 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
483
Massive cryptomining rig discovered under Polish court’s floor, stealing power (arstechnica.com)
submitted 1 year ago by [email protected] to c/technology
41 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] columbus 1 points 1 year ago

People aren't willing to volunteer because of the hardware requirements for running a full Ethereum node and 32 ETH for staking. There are centralized staking pools which everyone uses, where people trusting those pools with there money.

And if a Bitcoin mining pool starts doing something suspicious, the miners can quickly switch to another pool. The miners have a choice in this case.