Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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OMG - you envision a fee market (long before it's neccessary), but you can not see the commoditization of mining equipment hence re-decentralization of mining!?
OMG - you envision a fee market (long before it's neccessary), but you can not see the commoditization of mining equipment hence re-decentralization of mining!?
I don't understand what you mean. Explain?
You can run a farm on a mobile broadband connection if you're mining on a pool. And that won't change.
If there are cell towers 200 miles from Gnome, Alaska, I am not aware of it.
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Mobile broadband was probably used as in "slow."
Quick search tells me that there are at least 2 internet providers in Nome, Alaska.
In my (unlerned) opinion, "decentralization" is no longer an issue, that bird has flown.
If we can't again achieve distributed mining, then the only thing left for me to do is try to find the best possible exit point to divest.
We are a gnat to the PRC. If we ever grow to the size of a horsefly, we will get swatted and we've given them the best possible flyswatter: >50% of mining hardware.
For me, that exit point was a long time ago. You've seen how thins forum has changed over the years:
(Bitcoin discussion top topics right now)
My guess is MMM forums have similar content, albeit it's unlikely they have a separate section for
>we've given them the best possible flyswatter: >50% of mining hardware.
We haven't *given* them shit. Bitcoin isn't about giving, it's about what you can *take*.
Everything not expressly forbidden is allowed.
Bitcoin failed to address centralization (economies of scale, etc.) *in time* (if mining didn't become centralized as quickly as it did, we [arguably] would have had a chance).
Our Muffin discovered meth & steroids when she was 3, so, naturally, we get what we got now...