Post
Topic
Board Pools
Re: Ghash.IO is awesome.
by
bitpop
on 17/06/2014, 23:10:03 UTC
Death to ghash and its users

So Bitpop, when BitFury plows $20M of VC money into industrial-scale mining, will that be a good thing, i.e less total share mined by CEX.IO?  Not meant to be a troll, I genuinely want to know what you think about it.

Possibly they'll kill difficulty more competition

That's kind of how I see it as well, which is why I'm having such a hard time understanding all the outright hate and discontent over what is likely a short-term condition.  I suggested on another thread that the NSA was a bigger threat than CEX.IO & got outright roasted for it.

I can't wait for difficulty to double and kill them and their greedy users

Maybe Bitcoin did think of this with difficulty, you can quickly deprecate older technology