Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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If you are referring to pool and network computation share of the pie than what you see are the results of pool participants that can easily direct their hardware at other locations if the need arises. That hash-power is migratory.
The changing landscape of the infrastructure that supports bitcoin is constantly evolving and to think the old rules apply is short sighted understanding.
If you are referring to pool and network computation share of the pie than what you see are the results of pool participants that can easily direct their hardware at other locations if the need arises. That hash-power is migratory.
The changing landscape of the infrastructure that supports bitcoin is constantly evolving and to think the old rules apply is short sighted understanding.
Lolno. The hashpower stays where electricity costs are low/government subsidized: China.
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i hope it gets clearer now.
i hope it gets clearer now.
Not to me, no.
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So... Each time I transact via Bitcoin, I make a wager (that the tx fee I paid is sufficient to have my transaction included)?
Sort of like a blind auction?
On that like white on rice, the wackier & more probabilistic my money is, the better
So... Each time I transact via Bitcoin, I make a wager (that the tx fee I paid is sufficient to have my transaction included)?
Sort of like a blind auction?
On that like white on rice, the wackier & more probabilistic my money is, the better