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.
It is true that mining has been a
Fixed that.
Fixed that.
In all seriousness apart from the mining hardware race. Mining was a voluntary service given to use bitcoin much like any distributed computing projects that you can participate on using BOINC clients.