Quote from: Herbert2020 on December 13, 2016, 01:22:05 PM

Quote from: milewilda on December 13, 2016, 12:59:26 PM

Quote from: Pursuer on December 13, 2016, 12:18:19 PM

Quote from: aditya6997 on December 13, 2016, 10:25:16 AM

What will happen if Tech Giants Like Google, Microsoft, Amazon starts investing in Bitcoin or Altcoin Mining?

tech giants like these that you named are too big to care about the profit they may get from bitcoin and remember that bitcoin is still not a fully established system but still in its beta initial phase and many even consider it risky and experimental.

those giants would either invest in something that can have a much bigger return 100 times bitcoin mining profit or if in a very unlikely scenario they decided to get in bitcoin they would buy and invest in it.

This is very true on which those big companies would really not bother to engage into bitcoin mining since they would see that they could only make small money with it infact they would rather choose to stick their traditional ways of making money which is even more bigger profits rather than on bitcoin mining. The would really not tend to jump on and you are right they would really hesitate since bitcoins value is still unstable and they dont like that for sure.

i agree. none of these tech giants will ever be interested enough to get into bitcoin "mining"
but on the other hand i think they will eventually start integrating bitcoin into their systems someday soon. Microsoft has been working with some altcoins in their Microsoft Azure, and i am sure that Amazon has been receiving so many requests requesting them to add bitcoin and they will give in to the requests. and these two are enough for bitcoin to go mainstream and to the moon from then on.

That makes sense. Tech Giants compete with each other and they will try to make their services better and bitcoin or altcoin mining is not in their league. I would like to see NVIDIA or AMD coming into this arena with some brand new GPUs which are powerful enough to take mining to the next level.