Bet: Difficulty For Mining Will Double By Oct. 20th Due To ASICs being "Tested"

[jasinlee]

Difficulty For Mining BTC Will Double By Oct. 20th Due To ASICs being Tested/Used By Manufacturers. Before the ASICs are even sent to the customers. Employees within the companies will attain their own equipment and mine in advance, raising the difficulty before the general public has a chance to use theirs. If the difficulty rises above 4840642.606916 by 10/20/12 at 12:00AM EST. Then the bet is won.

http://betsofbitco.in/item?id=704

[Inaba]

This page doesn't exist or you do not have permission to view it.

[jasinlee]

Awaiting approval.

[BitcoinINV]

If the C.E.O of butterfly labs is betting one way so am I lol,

[jasinlee]

Now, dont take this as a bash on BFL, I just think it will happen as a product of beta tests by all the companies creating asics.

[Inaba]

I'm not sure it will get approved, simply because there's no way to determine if the cause is ASICs or some other cause. 

[jasinlee]

Changed it to just state the difficulty increase, should get approved now.

[jasinlee]

Basically, I think the difficulty will spike massively by the 20th just due to testing and the employees that take one home for themselves.