Post
Topic
Board Bitcoin Discussion
Re: [ANN] A public company is to build a huge Bitcoin Mining Operation (ASIC).
by
kokjo
on 04/04/2012, 11:21:29 UTC
Quote
We, however, have no plans to engage into manufacturing and sales of bitcoin mining hardware.
this could be bad.
you could force minor(GPU) miners out and take control of the network, if you do not give them a chance to upgrade to better hardware(ASIC).

but except that, GO! GO! GO!, secure the network.
It is a dog eat dog world out there. I don't see why this is an issue. If Vladimir decides to invest hundreds of thousands of dollars into mining equipment, he should be able to reap the full rewards and not have to feel guilty about stepping on some toes.
no he should, if he wants for bitcoin to succeed. this could be what kills bitcoin. it would also not be good for Vladimir, if he crashed bitcoin after pumping alot of money in to it.

would you be worried if NSA build a big cluster of ASICs?