Bitcoin Forum
May 08, 2024, 08:35:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Miners should Start a Union  (Read 5823 times)
Muhtaixa
Sr. Member
****
Offline Offline

Activity: 1022
Merit: 306



View Profile
December 31, 2015, 12:06:59 PM
 #61

That would be a good idea to pump the BTC price Tongue

Do you mean the miners do not sell or sell a small amount of the bitcoin they mine? It is a free market, anybody can join if there is profit to make.

AMEPAY
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
│▌
AME TRADE HERE
▄██████▄ ▀██████▄
█████████  ▀█████
███████▀     ▀███
██████▀  ▄█▄  ▀██
██████▄  ▀█▀  ▄██
███████▄     ▄███
█████████  ▄█████
▀██████▀ ▄██████▀
AME TRADE HERE
   ▐███▄
   ████▌
▐██████████▄
████████████
 ████▌  █████
▐████  ▄████
██████████▀
 ▀█████▀▀
▐│
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
1715200537
Hero Member
*
Offline Offline

Posts: 1715200537

View Profile Personal Message (Offline)

Ignore
1715200537
Reply with quote  #2

1715200537
Report to moderator
1715200537
Hero Member
*
Offline Offline

Posts: 1715200537

View Profile Personal Message (Offline)

Ignore
1715200537
Reply with quote  #2

1715200537
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715200537
Hero Member
*
Offline Offline

Posts: 1715200537

View Profile Personal Message (Offline)

Ignore
1715200537
Reply with quote  #2

1715200537
Report to moderator
1715200537
Hero Member
*
Offline Offline

Posts: 1715200537

View Profile Personal Message (Offline)

Ignore
1715200537
Reply with quote  #2

1715200537
Report to moderator
notlist3d
Legendary
*
Offline Offline

Activity: 1456
Merit: 1000



View Profile
January 01, 2016, 01:10:28 AM
 #62

Maybe the union can just negotiate with our power companies for us and get far better rates for miners. BTC

I hate this thread keeps coming up.  A bitcoin union will not and can not ever work.

On this we would need a great deal of miners in same area and on same power company.  This is not realistic for all miners to be on same.  The data center's that use ton's of power.... tend to go to places with good deals on electricity.     So the places where lots of usage is happening... they already have good rates.

I too, say a complete no to Union.
If something like 'United Miners of Bitcoin' exists, it may strike and force all exchanges to have higher prices or whatever, and it will even break the decentralization of bitcoin mining community.


It's not that I don't like the idea... if it was possible then I would think great.  But even if all home/hobby miners made a pact... do you think the big operations would shutdown if price was not above X?  No they are not going to.  If we could control BTC price it ruins decentralization.   

People keep bumping a topic that at it's core does not make sense.  It is a free market on price of BTC.  There is no big boss, no company to go up to with demands like a union would.   It being impossible to achieve this is why I wish this thread would die or be locked.  But it keeps going on... and on. 
Pages: « 1 2 3 [4]  All
  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!