Why the Bitcoin community HAS to save the network from HashFast, CoinTerra, BFL.
wunch:
Quote from: User705 on September 25, 2013, 02:58:32 AM
Not sure where to begin. Number one probably is that bitcoin community isn't a sick animal so there is nothing to save. It's just a lot of different people doing different things for many different reasons. Number two I'd love to here how much you are willing to contribute to this saving crusade seeing that you said you are bitcoin veterans. But this is all bound to fail since you seem to just want to move profits around from one group to another nothing else. Let's imagine for a second a magic box into which you can stick 2 mil worth of bitcoins and out will pop ASIC design for you. Now what? You say we are going to let it be open source and then "the community" will have cheap chips. Really? How are you picturing this working? Joe in America, or Sebastian in Germany, or Ming in China will just call up TSMC and order a few chips they can screw onto their iPad with a dirty screwdriver and out pops an ASIC miner? What will happen is ASIC manufacturers will order these chips manufacter a miner and guess how much they will charge to sell it? MARKET PRICE. So in this instance you propose to take all these crusader bitcoin community savers money and transfer it to these other ASIC manufacturers. Right? So you say no way this greed is bad we will make our own miners to sell below market price. Ok let's see how that will work. You hire some people to build these miner but now you have to somehow select who gets them below market price since everyone wants 10 and obviously if you sell them all to them it's no longer below market price so you have to pick winners somehow. Maybe you have a lottery or your employees start picking their friends names out of the hat and the the rumors start that someone is selling them at market prices out the back door ala BFL rumors. You start shipping and all of a sudden they start getting "lost" or "stolen" or "broken" because people want a few extra at below market prices. Is this what you had in mind to save the bitcoin community?
you just don't get it man. Its the corporations ASIC makers keeping down the people! We will build our own society ASIC's using vegan fair trade silicon and there will be peace and love and drum circles forever.
papamoi:
hi guys
so when our asic will be ready?
i m trying to make a 35 nm of around 0.8giga on small die and it s damn complicated
how are your plan s is going?do you have a design or else already?
fab is choosen or yet?
keep me posted
thanks
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