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Title: 2014-4-9 coinreport.net Graduate Level Bitcoin Course Planned for NYU? Post by: trior on April 09, 2014, 11:54:51 PM Two professors from New York University’s Law Schoool and Stern School of Business are planning graduate-level bitcoin mining courses for the fall 2014 semester. The courses are designed to... https://coinreport.net/bitcoin-course-nyu-graduates/ Title: Re: 2014-4-9 coinreport.net Graduate Level Bitcoin Course Planned for NYU? Post by: vokain on April 09, 2014, 11:56:37 PM I'm convinced you can't 'win' mining unless you happen to be a manufacturer of the latest iteration of ASICS, and even then, it's not a sure thing.
Bitcoin's current model of mining encourages centralization and is highly vulnerable to attack P.S. Mining is now concentrated in one pool with greater then 51% attack hash power. Why do you keep claiming that? https://blockchain.info/pools No pool is close to 50%. Guys, he has an IQ of 150. He must be right. Oh here come the ad hominem attacks again as if attacking me will change the facts. Or the bitter emotions as if I am responsible for the collapsing price. Grow up and grow some balls stop acting like women. I saw an article which claimed it had increased to 50% recently. I can't find that article again. I find articles such as these: http://news.slashdot.org/story/14/01/10/1422206/largest-bitcoin-mining-pool-pledges-not-to-execute-51-attack I see it reached at least 42%: http://www.coindesk.com/bitcoin-miners-ditch-ghash-io-pool-51-attack/ Any way, just take 2 or 3 of the pools and you have over 50%. So my point remains. Pedantic resistance of the facts is just wasting everyone's time. |