The initial mining proposal was to allow one (1) miner per 50 metre (165 feet) diameter, previously, another miner being placed within this vicinity would then have their mining power reduced by 7%, and so on and so forth. However, after receiving valued feedback from our mining community, it has come to our attention that many miners have multiple units, they saw the 50 metre principal unworkable, especially for those miners who live in apartments, and for those who do not have the ability to spread out over such a distance. We have listened to those comments and we have heard you. As a movement, we always listen to the interests of supporters, investors and the mining community to ensure we get the right balance between miner satisfaction and, at the same time, building the world’s most robust and free data network.
In the rare case that the miner does not connect immediately to GPS the algorithm will place the miner in the best estimated position based on other factors and sporadic “last readings” of GPS positioning.
The idea behind this new proximity implementation process is to ensure a level playing field and increased fairness across the POP proof of participation network. After a recent analysis of the M2 Pro miner global network we believe that this community led change will affect less than 12% of the entire mining community. This implementation will also ensure continued growth, extending the global reach of the M2 Pro miner movement and allow for the reduction of any unsustainable illicit “miner farm” activity, which neither benefits the community or the global network we are all trying to build as part of the #DataRepublic.
We are excited to see these new elements implemented with little to no effect on most miners. As always, we welcome feedback from all supporters, investors and mining community members. Thank you for your ongoing support, we are here to build the future of Data, via the world’s largest #DataRepublic.