Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jjdub7
on 04/12/2014, 21:24:29 UTC

Yup...too much risk buying a "proprietary" design from a defunct business.  For all anyone knows, they could sell it to multiple parties without any regulation (unless there are actually patents and lawyers involved, though again, HF's balance sheet would indicate otherwise).

On a side note...it would appear as though someone is testing/sprint burning ~30 PH/s at odd intervals to directly impact (or even directly aim to set) the difficulty, and perhaps the fiat price.  There's no way those two enormous booms in hashrate centered around the 1st of November and now December have been due to aggregate luck alone.


Of course it could be luck. You're talking about 504 block luck being ~6-7% higher than the 2014 block average. That's high, but hardly impossibly or even unlikely.

Perhaps you're right...it wasn't like the price swung either way to compensate, which assuming we're at an aggregate network marginal revenue = cost point, it should have (at least in a non-stochastic model, which...right).