Bitcoin Forum

Hy there  ;D

i do not know if you have already read about it, but it sounds interesting.
It tends to be a german BTC Cloud Mining Provider who believes to get into the exa-hash range with 16NM chips, starting in Q1 2015 (almost over).

http://www.bitcoinbrothers.de/press/pr20141103 (http://www.bitcoinbrothers.de/press/pr20141103)

Let me know your thoughts about it  :)

Kind regards,
elrippo

I'd be a little more worried about it if I'd heard literally anything past that press release from about five months ago.

Cloud mining is not for the hardware forum.  You might ask mod to move it.

But a far as chips I find it hard to believe they will have a 16NM chip by Q1 end.   I bet they don't have anything as far as chips.

And if they do pull of what they're claiming they're gonna do, they're potentially trying to ratify bitcoin's death. If you centralise the vast majority of the network and then rent it out, you're only renting out the semblance of a distributed network while actually letting people pay you to wield dominance over the whole thing. A bitcoin monopoly should mean the end of bitcoin.

Though odds are a bitcoin monopoly will just mean a handful of people will ditch it on moral grounds and a lot of other people will keep using it because either they don't realize what's going on, or they simply don't care as long as they continue to profit. The "I don't care as long as I continue to profit" philosophy has brought the bitcoin economy a long way in the last two years.