Post
Topic
Board Bitcoin Discussion
Re: The AsicBoost 'dilemma'
by
AmDD
on 11/05/2016, 18:57:37 UTC
I dont see why this should be blocked anymore than ASICs were. If it works then eventually everyone will use this process and "standard" ASICs would be obsolete. Just like FPGAs, GPUs and CPUs.

Yes, but currently no one is required by law to pay another party to be able to mine.
No one to my knowledge pays patent rights to ASIC companies or any other miner manufacturer.
They only pay to buy the product and there is not an additional payment for right to use over time.

If the patent is approved, then the issue becomes, in the future no one can properly
compete unless they pay for a right to use this superior technology (this is speculative).
Only those who have the money and resources will be able to purchase it. Of course, the company
can release it for free use, after their patent, but this is not likely and will ultimately lead to a new
tech race which will result in even more centralized mining, if not bringing creating the final few.



Good point. I guess I was focused more on the tech than the idea of a patent.