Post
Topic
Board Mining
Re: Satoshi proposed a gentlemans agreement to postpone GPU mining (2009)
by
androz
on 30/08/2013, 12:23:13 UTC

The average total coins generated across the network per day stays the same.  Faster machines just get a larger share than slower machines.  If everyone bought faster machines, they wouldn't get more coins than before.

We should have a gentleman's agreement

no place for gentleman in btc world, unfortunately


the only thing that will stop the asic race is the worst: a constant hard drop of btc value