Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I think you may be trolling
however for those that may be reading your reply then please indulge further.#1 The "hashpower" is migratory and can move in less time than it takes for you to wire funds to your
The physical bitcoin mines cannot be moved easily. The ChiComs can nationalize them, merge the pools and double spend until we fork away from them. Then they can point at the new fork and do it again. Only forking away from SHA256 can stop them. You can imagine the damage that will do.
Physical bitcoin mines tend to shutdown due to obsolete hardware when new technology goes online. Most recently the new ASIC chips 0.06J/GH vs the best bitmain has to offer that was recently sold at 0.25J/GH or the older hardware of 0.55J/GH.
What I was making reference to is that people who point hardware at the pools can point them to other pools rather simply. Many have backup pools pre-programmed for any downtime the primary target pool has.