Bitcoin Forum
December 11, 2017, 08:30:06 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2013-10-31 IEEE Spectrum: Bitcoin’s Computing Crisis  (Read 1047 times)
Arvicco
Hero Member
*****
Offline Offline

Activity: 574


Please bear with me


View Profile WWW
October 31, 2013, 06:08:39 PM
 #1

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

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1512981006
Hero Member
*
Offline Offline

Posts: 1512981006

View Profile Personal Message (Offline)

Ignore
1512981006
Reply with quote  #2

1512981006
Report to moderator
1512981006
Hero Member
*
Offline Offline

Posts: 1512981006

View Profile Personal Message (Offline)

Ignore
1512981006
Reply with quote  #2

1512981006
Report to moderator
1512981006
Hero Member
*
Offline Offline

Posts: 1512981006

View Profile Personal Message (Offline)

Ignore
1512981006
Reply with quote  #2

1512981006
Report to moderator
hacknoid
Sr. Member
****
Offline Offline

Activity: 415


Proud Canuck


View Profile WWW
October 31, 2013, 06:45:28 PM
 #2

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!

BitcoinRunner : Side scroller game powered entirely by Bitcoin! 
Game (alpha): http://hacknoid.ca/bitcoinrunner
Discussion: https://bitcointalk.org/index.php?topic=907618.0
420
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 31, 2013, 07:34:28 PM
 #3

One group's crisis is to another group's benefit. and the former group is not even explicitly excluded from the latter group.

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
Gabi
Legendary
*
Offline Offline

Activity: 1092


If you want to walk on water, get out of the boat


View Profile
October 31, 2013, 07:36:56 PM
 #4

Lol, crisis, yeah sure, let's make scaring titles to attract more readers  Roll Eyes
420
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 31, 2013, 07:43:46 PM
 #5

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

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
aigeezer
Legendary
*
Offline Offline

Activity: 1305


Cryptanalyst castrated by his government, 1952


View Profile
October 31, 2013, 07:58:12 PM
 #6

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:

TraderTimm
Legendary
*
Offline Offline

Activity: 2030



View Profile
November 01, 2013, 12:43:05 AM
 #7

"Top 10 Reasons Miners Hate Bitcoin"

Yeah, that's pretty much a clickbait article.

fortitudinem multis - catenum regit omnia
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!