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And if you're an altruist, offering your tiny sliver of hash-power to the network is a way to reduce its centralization. 'Centralized mining is pretty bad for bitcoin and litecoin,' Lee says, 'because mining is supposed to be anonymous, where you don't know who the miners are, and they're all individually acting selfishly to make the money, which indirectly makes the coin secure.' On the other hand, a laptop's worth of hash power won't make a dent in the big miners' market share, and you're likely to inflict wear and tear on your equipment. monero logo
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