Post
Topic
Board Mining speculation
Re: Repeal of Net neutrality - effects on miners
by
hercthx
on 21/12/2017, 18:32:46 UTC
This has nothing to do with which  political  party you support. This has to do with do you want your internet neutral as in internet speed is neutral across the board for all websites (equipment dependant), or do you want your ISP to regulate which sites get better or worse speed (throttling). do you want to pay for the service speed to your local network alone, or do you want to pay extra for site packaging ala loot crate or cable service packaging?

The argument of which idiot in office you support, is the argument the ISP's want you to have.

This is about ISP's using government to monetise the internet further.

When this goes though, and it will, the full effect will be in about 5 years or so, you'll be wondering why your internet bill is so high. this is why. Look at how your cable service behaved. years ago you paid a flat rate for basic or local stations, and then extra for speciality or "satellite" stations back int the 80's-90's, now your cable is bundled and your paying more for the same if not less content. Compare the history of your cable service, that is what to expect of your internet going forward.

The least of the worries is that we'll be paying more for internet, the bigger worry is the ISP's now have the ability with protection  of the FCC to throttle connection speed to "undesirable or unfavourable" websites.

The worry for us is that the banks could use this as an attack on crypto by incentivising the ISP's to throttle connection speeds to crypto exchanges, pools and nodes. The results could be longer delays on trading, and lower returns on mining.

This is a move by the ISP's that can, and will be exploited, regardless of which political party is in power. That is why we see such a high percentage of both dem and gop supporters against this.