Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
AJRGale
on 30/01/2015, 01:51:31 UTC
Quote from: thomas_s on January 29, 2015, 07:57:09 PM
Quote from: johnyj on January 29, 2015, 07:54:14 PM
Quote from: Spondoolies-Tech on January 29, 2015, 06:05:57 PM
Quote from: johnyj on January 29, 2015, 05:06:39 PM
Have you ever considered in forming an alliance like OPEC to limit the hash rate race?  Wink  I just saw Bitfury said that their cloud service would only add hardware based on demand, is this a trend towards more cloud based service?
It's funny to read it from mega self miner.
No, it's illegal.

How is that illegal?  Smiley It is just a consensus (if it ever can be reached). Even pools can be allied together to protect against a faulty fork in 2013, and against potential 51% attack if it ever happens

Imagine a vendor that have leading semi-conductor process 10nm, he can limit his production scale at a certain level so that the network hash rate increase slowly. He then could start a cloud mining service and sell the hash power at market rate, which leaves him large margin to deal with market volatility. I think that is what Bitfury means




In the USA there is an antitrust law preventing companies from joining together to set / fix prices and supply. Its to promote fair competition for the consumers.

about that antitrust thing, why has it not kicked in for Warner bros. and Comcast? they are trying to stop this whole "class 2" act and monopolise the communication of the USA? they want you to pay for internet you are already paying for, "oh, we cant push youtube or netflicks down our pipe quick enough, they must pay for bigger pipes... hey customer, you can pay, you are already paying for our service, its their pipes which are to small"

*customer pays * *comcast flicks switch* *customer gets 720p videos*