Post
Topic
Board Bitcoin Discussion
Re: BTC Hardware Rant
by
davis196
on 04/09/2017, 06:22:15 UTC
Don`t mine bitcoins,just mine altcoins and find another way to earn bitcoins.
Perhaps there might be some cartell between the big miners and mining hardware companies.
This is the biggest downfall of the blockchain.What if mining becomes so centralized,than only one big mining company remains and controls all the transactions?They can say "Pay 25% fees ,or we will stop mining and confirming transactions."What happens with bitcoin,if there are no transactions?