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61  Bitcoin / Mining / Re: Bitcoin mining proof-of-work over the last 6 years as we move to 1 exahash/s on: January 30, 2016, 05:12:47 PM
Quote from: alh on January 16, 2016, 03:04:17 AM
Quote from: gotchay on January 16, 2016, 01:27:23 AM
We really do need to get more hashpower into the hands of bitcoin users. The centralization happening in China is scary. I'm hoping to hear some big news from BitFury and Bitmaintech.

Btw what happened to Spondoolies? Are they not still in the consumer game?

Spondoolies gave up on the consumer space last year. It's not clear if the SP20 soured them, or their "marriage" with BTCS. In any event, their only announcement to date has been the SP50, which is supposedly 110TH, with an unknown price, power consumption, or availability date.

I think they had great engineering, but have lost their way with the BTCS "hookup".

S7 is 4.7T. The SP50 is 110T, that is almost 22 S7. How do people supply the power to the huge miner?
62  Bitcoin / Hardware / Re: Bitfury: "16nm... sales to public start shortly" on: January 17, 2016, 01:04:18 PM
Quote from: eric@haobtc on January 16, 2016, 04:44:28 PM
Quote from: alienesb on January 16, 2016, 04:06:12 PM
Quote from: eric@haobtc on January 16, 2016, 02:43:58 PM
Quote from: alienesb on January 16, 2016, 01:51:23 PM
Quote from: eric@haobtc on January 16, 2016, 08:41:46 AM
We are in talks with them.

Let us know what you find out please

Sorry man, signed a non-disclosure agreement.

What was the point announcing you're talking to them then?

To tell you that they are making an effort to sell their technology to Chinese miners?
Not so much as "announcing". Sometimes words just come to your lips and hard to swallow them back. One of such moments.

Are their miners to be made in China?
63  Bitcoin / Mining / Re: Bitcoin mining proof-of-work over the last 6 years as we move to 1 exahash/s on: January 09, 2016, 08:24:05 PM
Quote from: maokoto on January 08, 2016, 10:07:56 PM
Yes, money invested in bitcoin mainly come from mining. Money invested in something is a quite accurate measure of the price of that something.

I think if bitcoin has more money invested not coming from mining, then the hashrate would not mimic Bitcoin value as exactly as now.

But if there is profit to be made from mining, people will invest in mining, this will cause the difficulty rise. There will be a balance.
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