Bitcoin Forum
June 13, 2024, 12:05:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Deleted  (Read 736 times)
cbreum (OP)
Member
**
Offline Offline

Activity: 118
Merit: 12

Passionate software developer and crypto guy.


View Profile WWW
May 10, 2016, 05:14:20 AM
Last edit: December 26, 2017, 05:50:30 AM by cbreum
 #1

Gone

Co-founder Echangere: https://echangere.com/
UKBob
Member
**
Offline Offline

Activity: 80
Merit: 10

I like Ethereum and Rimbit


View Profile
May 10, 2016, 10:00:55 AM
 #2

BTC is with out a doubt ground-breaking and has gone unbelievably far.  However that does not mean it will last the course.  It does have issues and those issues are being talked about again and again with nothing happening.  This will allow other coins that do not have the inherent problems that Bitcoin has to come to the fore.

People can make their choice as to which ones they think will succeed.  If you see one, get in early, get it cheap.  I have made my choices - make yours!

RM6kf3k6d12nsTkV3B7amvsTUXcyFuFWaz
calkob
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 520


View Profile
May 10, 2016, 11:48:00 AM
 #3

These videos are great giving a little insight into what goes on behind the scene..
lixer
Hero Member
*****
Offline Offline

Activity: 2548
Merit: 586



View Profile
May 10, 2016, 12:08:14 PM
 #4

Similar thread was already created yesterday, the difference is that this one is a link to an article about the same video, while the other thread links directly to the youtube link of the video.
https://bitcointalk.org/index.php?topic=1466477.0
You might as well want to lock this one.

icet208
Hero Member
*****
Offline Offline

Activity: 762
Merit: 500


View Profile
May 10, 2016, 12:13:55 PM
 #5

That`s a really impressive mining farm. Would love to visit something like that sometime Cheesy
thanks for sharing
onlinedragon
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 501


View Profile
May 10, 2016, 12:26:36 PM
 #6

That is a really impressive video with short video about gigantic Bitcoin Mine. It will give you something to think about if it's really good for Bitcoin if only few big mines do all the work. This big Bitcoin mines make it really hard for single people to mine anyway by there self.
CelluleRB
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
May 10, 2016, 03:39:32 PM
 #7

Thanks for the link. That kind of mine is just gigantic! How the hell are they going to still make money if they need more of these...
mirana12345
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500

PM me to buy traffic for your site!


View Profile
May 10, 2016, 03:56:02 PM
 #8

That is a really impressive video with short video about gigantic Bitcoin Mine. It will give you something to think about if it's really good for Bitcoin if only few big mines do all the work. This big Bitcoin mines make it really hard for single people to mine anyway by there self.

Such huge mining operations are one of the things i dont like about network "switch" to asic devices. They are to blame for normal people being put behind
in the mining process. These days its insanely hard for someone with average income to be a part of mining, atleast in a profitable way.
In one hand i admire the complexity and size of this bitcoin mine, but on the other hand it disgusts me.
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
May 10, 2016, 04:06:18 PM
 #9

That is a really impressive video with short video about gigantic Bitcoin Mine. It will give you something to think about if it's really good for Bitcoin if only few big mines do all the work. This big Bitcoin mines make it really hard for single people to mine anyway by there self.

Such huge mining operations are one of the things i dont like about network "switch" to asic devices. They are to blame for normal people being put behind
in the mining process. These days its insanely hard for someone with average income to be a part of mining, atleast in a profitable way.
In one hand i admire the complexity and size of this bitcoin mine, but on the other hand it disgusts me.

It was inevitable as the competition grew to mine the scarce resources... you found a similar thing happening in other commodities like gold & silver. In the beginning there were small miners mining

with gold pans in river beds, but these days huge corporate entities have taken over most of the mining, and the people with smaller mining rigs can hardly survive and goes bankrupt within the

first year. There are still opportunities for people to mine Alt coins.  Wink

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
thejaytiesto
Legendary
*
Offline Offline

Activity: 1358
Merit: 1014


View Profile
May 10, 2016, 04:10:04 PM
 #10

BTC is with out a doubt ground-breaking and has gone unbelievably far.  However that does not mean it will last the course.  It does have issues and those issues are being talked about again and again with nothing happening.  This will allow other coins that do not have the inherent problems that Bitcoin has to come to the fore.

People can make their choice as to which ones they think will succeed.  If you see one, get in early, get it cheap.  I have made my choices - make yours!
Bitcoin has already succeeded, and there are 0 alternatives that could offer the same levels of encryption and protection than Bitcoin delivers, not without the same tradeoffs, so stop dreaming for a "Bitcoin 2.0" moment because it's not happening.

If those Chinese farmers ever get tired of Bitcoin, the difficult would drop, so others would benefit. "Insane difficulty" is never a problem, is part of how Bitcoin works.
mkc
Hero Member
*****
Offline Offline

Activity: 517
Merit: 501


View Profile
May 10, 2016, 06:40:38 PM
 #11

Chinese doesn't have the ability to design a proper ASIC. Those western firm build the chip. Chinese only have the massive production ability to bring a design to life.
teddy5145
Hero Member
*****
Offline Offline

Activity: 714
Merit: 528


View Profile
May 10, 2016, 07:54:31 PM
 #12

I wonder when this was filmed, some miners look like S5's in there and not S7's. Why would a warehouse be using older gear?
Maybe it's because it took a lot of money to replace their S5 to S7 ?
Why would they switch to S7 if their S5 especially in large of number, still making them big bucks Roll Eyes
Maybe they would consider switching to S7 when they feel they need to Tongue

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!