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Author Topic: China will Destroy Mining Farms and U.S Will Get Majority and Do a Hard Fork  (Read 500 times)
watashi-kokoto (OP)
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January 20, 2016, 03:04:02 PM
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Mark My Words.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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HeroCat
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January 20, 2016, 04:24:54 PM
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Why they destroy, if they have good profit from them. Electricity and all things are cheap in China  Wink
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January 21, 2016, 07:28:02 AM
 #3

no sense, they have the monopoly, and you're saying that they will destroy it? maybe you mean their government? it could be at some point but it must looks like an incident, government is not mafia, that go ahead and kill people and destroy stuff at will
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January 21, 2016, 03:06:17 PM
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Why would the US do a hard fork, do you mean in order to force the Chinese to adopt their chain?
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January 21, 2016, 04:20:17 PM
 #5

This sounds a lot like speculation, in which case, this is not the appropiate subforum. But, Why would some country destroy something that makes his peole get money and be richer? Why do the people in the US really try to do a hard fork? If it is because of the size limit... the destruction of farms in china would make the increase in size limit less neccesary.

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January 21, 2016, 06:56:42 PM
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No. It won't happen. I believe China will take over the mining industry in complete. So I don't know where you get your information from.
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January 22, 2016, 04:31:03 PM
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This sounds a lot like speculation, in which case, this is not the appropiate subforum. But, Why would some country destroy something that makes his peole get money and be richer? Why do the people in the US really try to do a hard fork? If it is because of the size limit... the destruction of farms in china would make the increase in size limit less neccesary.

If the US wants to do a hard fork, it should change the PoW to GPU friendly algorithm as well. They can use the Ethereum algorithm.
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