Quote from: Searing on March 28, 2015, 01:17:06 AM

Quote from: Minerjoe on March 27, 2015, 02:46:43 PM

Quote from: QuestionAuthority on March 27, 2015, 01:11:08 PM

Does anyone realize chinese farms/pools + unknown control 70% of the current hash rate? You're crazy if your still mining as an individual in the English speaking world (I'm assuming you all not chinese because you're here). Who cares what the difficulty is? None of you are ever going to make anything more than pocket change by mining from this point forward.

BW.com https://www.bw.com 13%

F2Pool https://www.f2pool.com 15%

Antpool https://www.bitmaintech.com/about.htm 17%

BTCChina https://www.btcchina.com/#/ 6%

Unknown 20%

I generally agree. Private and home mining s been dead for a long time.
The key s increased acceptance. All these farms and mining efforts generate about 3500 BTC per day, regardless of the difficulty. The key s to find a way to absorb these 3500 BTC per day and the economy will grow.

Is this true ...does it help BTC if these large farms cash out to USD each day as KNC says it does? Also remember KNC wants to control 40% of all bitcoin mining with their data hall and IPO arrangement ...and they will continue to cash out to USD each day (no holding)

not a slam..just don't know how all this would effect btc price or btc future use etc if this is the case

Most probably it's irrelevant.

A10010

Posts

Merits