Ninjastic
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Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Minor Miner
on 17/04/2013, 04:58:56 UTC
Quote from: StevenPine on April 17, 2013, 04:54:42 AM
Quote from: Franktank on April 17, 2013, 04:52:46 AM
Quote from: ineededausername on April 17, 2013, 04:51:18 AM
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink

*fervently knocks on wood*

One consideration is how important their underwriting of network security is... so if they end up with ~1/3 of the total hash would it be reasonable to say the company is worth 1/3 of total btc, or perhaps you could say network security is half of all btc value, so controling 1/3 of total hash is worth 1/6 of total btc. Just some idle thoughts.
interesting.   control that much of "future mining of bitcoin" not ALL BITCOIN.   and the would be "control XX% of future bitcoin mining AS OF THIS POINT IN TIME".    or in your assumption.   yes the whole world would stand idly by if you could control a billion dollars with a 2 million investment.........