Quote from: lumeire on May 16, 2016, 02:10:01 PM

Once the patent got approved, should they decided to sell the rights to use the tech to ASIC companies, these companies will simply pass the costs to their end-users, us miners and the huge mining organizations. In the end everyone gets to upgrade, and the situation would stay the same as it is now.

In the end if everyone pays money to acquire that 'improvement', the it is pointless as nobody gains the advantage anyways (everyone's hashrate increases by 20%). In other words, this is pointless as it gets.

Quote from: ETFbitcoin on May 16, 2016, 10:00:17 AM

What i can see here, bitcoin slowly become centralized.
Everyone should able to create mining equipment without restriction or stupid patent and miners should be allowed to mine bitcoin with anything (even it's inefficient)

The solution is simple and was proposed by some developer, i.e. block such improvements with a change that is required to make them inefficient.

Quote from: dooglus on May 16, 2016, 05:03:06 AM

Bitcoin was designed to allow anyone to be able to mine it. A mining environment where one entity is able to mine 20% faster than all the others because they are using government power to cripple the competition doesn't work out well for Bitcoin as a whole.

Exactly. If they don't 'sell' their patent to others, they're going to be abusing their position and pretty much undermine all connection. On the other hand, if they sell it nobody has an advantage and they generate profit. I disagree with either case.