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Author Topic: 2013-10-31 IEEE Spectrum: Bitcoin’s Computing Crisis  (Read 1047 times)
Arvicco
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October 31, 2013, 06:08:39 PM
 #1

http://spectrum.ieee.org/computing/networks/bitcoins-computing-crisis

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hacknoid
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October 31, 2013, 06:45:28 PM
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A crisis for the miners - sure, since you can no longer recover your mining hardware investment costs (especially if you paid in bitcoin).  However, increasing the hashrate and thereby providing more security for the whole network and then call it "bitcoin's crisis" is just a TAD misleading!

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October 31, 2013, 07:34:28 PM
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One group's crisis is to another group's benefit. and the former group is not even explicitly excluded from the latter group.

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October 31, 2013, 07:36:56 PM
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Lol, crisis, yeah sure, let's make scaring titles to attract more readers  Roll Eyes

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October 31, 2013, 07:43:46 PM
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Lol, crisis, yeah sure, let's make scaring titles to attract more readers  Roll Eyes

thats the standard in publishing and marketing. until public demand switches to more realistic titling and those that do this 'fear mongering' or close go by the wayside; we'll have to deal Tongue

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October 31, 2013, 07:58:12 PM
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Lol, crisis, yeah sure, let's make scaring titles to attract more readers  Roll Eyes

thats the standard in publishing and marketing. until public demand switches to more realistic titling and those that do this 'fear mongering' or close go by the wayside; we'll have to deal Tongue

xkcd beat us to the meme, as usual:

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November 01, 2013, 12:43:05 AM
 #7

"Top 10 Reasons Miners Hate Bitcoin"

Yeah, that's pretty much a clickbait article.

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