Quote from: gentlemand on August 08, 2017, 07:48:19 PM

Quote from: Xavofat on August 08, 2017, 07:44:54 PM

By which you mean anything which competes with BITMAIN, rather than things that "remove China".

Nope. There are plenty of fine people mining there, but they're all under the boot of the Chinese authorities. That much mining possibly controllable by one regime is potentially harmful.

So you don't think that Russian authorities mining is as bad as Chinese miners potentially being under the authorities' influence?

EDIT: though to be fair, ties to Putin here seem to be tentative at best.

Quote from: Gotottack on August 08, 2017, 08:39:46 PM

No, russia has so much excess power, so why not just sell it to industries that will totally make use of it in better things. Though don't get me wrong, I love bitcoins. I really believe this is the future, but not how it is acquired.

So I suppose the market is going to give up for your sake then? The only way that it can be changed is if BTC's PoW system changes, and for that to happen there needs to be a worthy change to make. Sure, it's a shame that BTC is disproportionately wasteful, but it's not like people are going to give up on profits to make it efficient.