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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.
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.
By "government power," you mean subsidized Chinese 2 to 4 cent per kWh power, right? That's more than a 20% edge on my rate tho. Life is so unfair
No, of course not. We are talking about patents, not the price of power.
If you're choosing to mine in a place where you're paying so much for your power that you can't compete, that's your choice. It is also a separate issue from whether Bitcoin mining should be patent-encumbered.