Quote from: griffga on August 04, 2014, 05:26:00 AM

Quote from: Nagle on August 04, 2014, 05:15:24 AM

Quote from: solex on August 03, 2014, 10:40:41 PM

Does anyone really think it is a good idea to entrench centralized mining even further into Bitcoin? Short memories or are ghash and discus-fish good-ole-boy pillars of the community now?

It would be better if the main companies, which rely on Bitcoin for their business model, were to invest in improving decentralized mining (like p2pool) and ensure that their transaction flow benefits that area instead.

That's a nice dream, but the reality is that Bitcoin mining today looks like this:
http://img.gawkerassets.com/img/197jbwgz2fy3vjpg/original.jpg

Or this:
http://www.datacenterknowledge.com/wp-content/uploads/2014/07/bitfury-coop-view1.jpg

It doesn't look like this any more:
http://www.fudzilla.com/images/stories/2013/November/asrock-bitcoin.jpg

It's amazing to see how much computing power is truly dedicated to Bitcoin. Is this the largest single use of computing power in the world?

Man this sucks!, again the rich will get richer because the can afford all this new tech,. :-(