If ASICMINER beats BFL to production and complete units, How do you plan to address the 51% issue..
Example ASICMINER builds 30 T/hs of equipment. BFL 0. Network is at say 15 T/hs.
ASICMINER will then be 66% of the network..
This could be a problem....
@silverbox
friedcat is a bitcoin believer. If he succeeds, the bitcoin network will only be more secure and I'm more confident about the future of bitcoin. Only the government and some irrational attackers controlled the ASIC technology will damage the security of bitcoin.
Friedcat will sell the ASIC mining rigs to the community for profit. Sooner or later, there will be other ASIC like BFL/largecoin which contribute to the total hashing rate.The competition will make cheap ASIC mining rigs distributed to every corner around the world, and it will make the bitcoin hater even more impossible to attack the bitcoin network.