I think dark pools are illegal in New York? But you might need to ask
   Harvard Management Company how deep their STX fraud goes?

   On Sat, Nov 27, 2021, 2:06 PM Uwe Cerron <[1]uwecerron@gmail.com>
   wrote:

     Remind me again, how many mining pools make up the entire bitcoin
     ecosystem?
     Sent from my iPhone
     > On Nov 27, 2021, at 10:01 AM, Gunnar Larson <[2]g@xny.io> wrote:
     >
     > 
     > MIA Coin and NYCCoin use PoX as part of their fraud. Harvard
     Management Company perhaps has a hand in the scheme?
     >
     > PoX when used for participation rewards, as described, could lead
     to miner consoli-
     > dation. Because miners that also participate as holders could gain
     an advantage over
     > miners who do not participate as holders, miners would be strongly
     incentivized to
     > buy the new cryptocurrency and use it to crowd out other miners.
     In the extreme case,
     > this consolidation could lead to centralization of mining, which
     would undermine the
     > decentralization goals of the public blockchain.
     >
     > Bitcoin Bandwidth:
     > Because PoX miners must send Bitcoin transactions to participate
     in the consensus
     > algorithm and send PoX rewards, PoX mining would occupy some
     Bitcoin transac-
     > tion bandwidth. Given Bitcoin bandwidth is limited by design,
     given security require-
     > ments, new PoX blockchains need to reduce their bandwidth use
     requirements. SIP-
     > 007 does this by limiting the number of participants, using a STX
     holding threshold.
     > Other ways to address bandwidth limitations are also possible
     e.g., lighting channels
     > between Bitcoin and the new blockchain. Optimizations at the
     Bitcoin transactions
     > layer could also be possible, which would reduce the total size
     needed for PoX trans-
     > actions.

References

   1. mailto:uwecerron@gmail.com
   2. mailto:g@xny.io