Quote from: kinitex on June 06, 2013, 04:59:54 AM

Quote from: FCTaiChi on June 06, 2013, 03:50:10 AM

The big companies are not delivering to us. There is hoarding going on. I'm not sure what is going on with Avalon.. but BFL should be sued. I didn't buy anything from them or I'd be the first to try to rally people..

Ever wonder where BFL offices are located?
http://imageshack.us/a/img196/103/globalhashmoststablemin.png
This is a map generated from the IP addresses of miners.

Yup I've noticed that statistic as well.

You know damn well both BFL and Avalon are delaying their shipments so long just to "test" their current supply. The profitability of mining Bitcoin conveniently sky rocketed right around when all these asics should have been shipped. Now we're hearing excuse after excuse as to why they're being delayed, yet the net hash rate has continued to sky rocket. No way it can climb this fast with just GPU miners.

The only way you could really sue them is if you had an inside source to admit their delays were un-warranted, but they could just come back with "oh we needed atleast 3 months worth of testing before shipment".

All I know is if I had a pre-order with either company, I'd probably be banned from here by now from pure rants lol.

It makes sense that this will tend to happen when specialized hardware (ASICs) exists that is orders of magnitude more efficient at mining than commodity hardware (GPUs); the few companies that are capable of building that hardware will eventually control a significant fraction of the total network.

It will be interesting to see how this plays out. What would happen if in a year from now, all the remaining GPU miners have left bitcoin for LTC (or other scrypt alt coins) and the bitcoin network is controlled by say 10% ASICs that are eventually delivered to costumers and the remaining 90% consists of ASICs that are controlled by just a few companies? Perhaps at that point people will consider changing the bitcoin hashing algorithm to something that is more ASIC-resistant like scrypt?

mt_bird

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