Post
Topic
Board Mining (Altcoins)
Re: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3
by
BenRickert
on 19/11/2017, 16:43:49 UTC
In the New York agreement, developers of Bitcoin ecosystems suggested the implementation of SegWit and the glorious Bitmain gave a crisis and did not accept.

Because?

Your equipment would lose its advantage, ASICBoost is not compatible with Segwit.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f

Supposedly Bitcoin Cash was created to improve ecosystems with the implantation of blocks larger than 1mb, however, such improvement is not in fact, being used, some blocks at peak times were higher than 1mb, see the chart:

https://fork.lol/blocks/size

The truth, Bitmain saw that it could not insure SegWit, so, not to lose its advantage with ASICBoost, decided to create Bitcoin Cash, surprisingly, in a few days the company made more than 100 million with Bitcoin Cash.

How did Bitmain value Bitcoin Cash so much?

Today you only buy an Antminer S9, certainly the most sought after mining on the planet, only with Bitcoin Cash, see the link in the payment window.

https://shop.bitmain.com/productDetail.htm?pid=00020171110160546640l4g92i60062E

Conclusion - We can see that Bitmain manipulates the market in every way. In January 2018 there will be about 50,000 people rioting in Bitmain because they bought a toaster, Antminer D3.

To fight with an unscrupulous company of this size, I see only one way, let's unite, so we'll have a voice.

See the emails we receive from Bitmain are copies of each other.

I created a group in gmail to try to group as many people as possible. Anyone can help manage the group.

https://groups.google.com/d/forum/antminer-d3

Yea it’s good to see more turning on to the pump and dumpers that Are bitmain. The only reason bch has a leg to stand on is bitmain changed the payment from btc to only accepting bch.  They are pulling the same scam they pulled with bitcoin on bitchcoin or aka bitmain cash.  The problem you have is most of us are computer nerds behind a desk.  How many of us do you think will goto bitmain doorstep and riot???  There are no laws on this sh$t yet. China ban ico so bitmain circumvents it by creating new coins.  Eventually they will abuse it to the point where China bans new coin creation.  Of course that would be like trying to ban bitcoin so they will make accepting it illegal.  Keep poking the bear bitmain eventually it will bite you back!!!   To all that lost on this scam I feel for ya.  Crypto is a scammers haven.  Bitmain falls in that category for quite some time now.  Be careful folks. 

Sadly this is what capitalism breeds.  Gotta always fuck your fellow man to get ahead. What the fuck happened to us as a society.  We are allowing capitalism to eat us from the inside out.  DISGUSTING

Hell I watch so many emotions on this forum all over money.  Why do we let something have so much power over us?

BR
My friend, it goes beyond just the social hierarchy of "capitalism". It is ALL hierarchical constructs whether governmental, social or corporate.  Think about the basic construct of today's hierarchy's. They are essentially pyramids that flow money, control and power from the bottom of the base to the elite top. This is a highly flawed system. Yet, it exists in every country and every strata of mankind in the world.  It creates a naturally occurring latency and logjam, of  the flow of information and knowledge at the peak of the pyramid. A large amount of data and information flow from the base to a constricted point at the top that is controlled by a very few. Not only is it impossible for those few to effectively process and manage all that data and information, they also cannot make effective decisions based on the flow, let alone implement and execute those decisions. In addition, these characters at the top are also SO far removed from the source of the information and the implementation points of their decisions that they inevitably fail. It's built into the hierarchical system. It's designed to fail due to it's inability to scale itself. It's a classic "bottleneck". Add to this the undeniable fact that "bad" people tend to get promoted up to the top of these pyramids more often than "good" people. Most politicians, Executives and Social leaders are Narcissistic, Egotistical Sociopaths. They are easily corruptible by power greed and money. To make matters worse, even the "good" people that make it the top, eventually succumb to the corruption. Power corrupts. This very construct is what's turning our world into the fucking toilet that it has become. Decentralization has the chance to turn this whole broken mess on it's ear. Unfortunately, players like Bitmain are finding ways to circumvent the very decentralization we aspire to. They are going through the back door by controlling "hash rate". If the Chinese mining companies ever get together as one, this whole thing will likely fail.