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Author Topic: ASICMINER shares..  (Read 2711 times)
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May 11, 2013, 05:11:08 PM
Last edit: May 11, 2013, 06:16:35 PM by rezurect

ASICminer growing so fast, problem they do not have space to fit into. That is why they started selling blades, to distribute hash rate to people,  so they will still be not near 44% of the whole bitcoin network hash.What are consciouses, lets create some competitors, so we can still appears to be small. Hard to find any such analogue in  world business history

Hence ASIC miner can never own greater than 50% network, (Hence Share price could hit a barrier, theoretically ) hell i don't think they'll want to approach 40%. Fearing BTC devaluation.
Look at BTC guild, as pool rate reached 40 % they took measures to prevent further increase,

The 51% Mitigation Plan
More than 40% of the Network [last 2016 blocks]
PPS fee will be raised from 5% to 7.5% on all new accounts. Old accounts will also be increased (PPS ONLY) to 7.5% after a difficulty change. If the pool eventually drops back under 40% for more than 72 hours, these fees will be turned back down to 5% after the next difficulty change.

More than 45% of the Network [last 2016 blocks]
Getwork based pools will be completely removed within 24 hours. All users on getwork have been warned in the past that it is a unsupported and not advised method of connecting. This should remove ~15% of BTC Guild's hash rate immediately.

More than 40% of the Network again [last 2016 blocks]
PPLNS fee will be raised from 3% to 4% after a 72 hour warning. This fee will be reduced back to 3% once the pool drops back under 40% for more than 72 hours.

The fixed price auction (First come First serve)>> maybe next, they'll donate a few blades to the poor, as broke as shit Indian subforum guy named rezuruct
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