first batch come in july. $900 for 180MH/s. and now of course they are mining as much as they can then pump ETH price right before delivery
How do you know they are mining it??
How do I know you're not Santa Claus and don't live at the North Pole?
There is no proof, and they would have no desire for knowledge of their "testing" to be publicly available.
But when you have a situation like what happened with Cryptonight/Monero, when despite GPUs being sold out across the board and Coin price dropping yet the network continues to grow exponentially in hashrate, something else in driving that increase. Ergo, probably ASICs.
The real question isn't how do you know they are, it's why wouldn't they be mining it? Wouldn't you? Following money, motives, and incentives usually paints a clearer picture than the limited "factual" evidence you have available.
I think the real question is... If someone invents a machine that prints money... Why would they ever sell it?
There is only one reason... If they can make more money by selling the money printing machine than the amount of money that the machine can print.
economies of scale and hedging.
I just sold also all alt coins that ASIC can mine
Good bye ASIC
I am also an opponent Asic. But there's nothing we can do. As long as it is profitable to use them. Even if no one buys asics it won't stop Bittman. What will disturb them to put their asics to work and destroy the network? It seems to me that protection from asics should be dealt with first of all by algorithm developers.
forking the algos!!! there are more algos possible than stars
. remember it's just maths at the speed of light
.
What is the attitude of ETC community towards the ASIC mining? If they change the PoW, I will support them.
I bet they are way more open to forking, it would be yuge, and maybe even lead them to depass eth (not in price as it has powerul and stupid backer). excellent question.
Newbies with activity '1' better don't write ..... WHO Will listen a newbie with activity 1 who ?
It's obvious that someone just opened the account just to support ASICs.
me, who knows it could satoshi himself
.
centralization will be always needed for creating gpu's, asic miners, cloth's food and so on... if you want a fair fight, you have to start creating/produce your own products... and even on this point you still need to those corporations/company's that create the basic needs for making those cards, like sand, ... for making the PCB's you need people that harvest copper and other really expensive materials, company's that create chips, company's that create pins that fits on the pcb's and so on... So eventually if you buy from bitmain or from nvidea or from amd, you will ALWAYS give your money on dirty corporations/company's. that needs this sort of inequality, so you can buy your cards so cheap as possible.
if you really want a equality, then you are a dreamer. This has known since... always?
ps: sorry for my bad english, and my weird thought about bitmain and there new creation.
or you stake a pos coin
and or just hodl in a paper wallet and let the others take care of the network
.
Hidden mining = BITMAIN
I told you that BITMAIN Is mining ETH and now that they got scared because of ETH fork they get rid of their miners ...
BITMAIN is doing dirty business .... people should damp bitcoin cash to give them a lesson .... bitmain's coin !
Bitmain is rich with newbies money buying thier asics.
I agree to Dump and more so advocate AGAINST Bcash.
Its important to remember that Bitman AND Roger are one in the same. Attached at the hip and are working to control Crypto as much as possible. They clearly want to replace bitcoin with Bcash. Roger must want to be Satoshi, more than anyone can ever know. delusions of grandeur; I am sure he is way past caring about it on a personal financial level. its more about power i imagine.
there is a ton of public evidence about this and its well known but it is worth (continually) repeating.
Roger, BCASH and Bitman are enemies of decentralized Crypto; they want to rule it.
I am afraid it is far too late to do anything that will negatively affect Shitman. The only threat is the Chinese Government. Which is why Shitman is planing the move (to Canada). They have so much cash on hand they can literally buy their own country (something i am sure they are considering) and if Crypto truly is the future we believe it will be, they will be bigger than FANG combined. (FB Apple Netchicks Google)
This article below was written before Bcash was launched.
https://medium.com/@WhalePanda/roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-69fc7a17c622"The Chinese (mining) connection"
.......A few months later however Roger Ver went to China, did exactly the same and acted like it was completely normal. The only person that he managed to “turn” was Jihan Wu. Jihan had been very critical of Bitcoin Core and said that he felt pushed into the Hong Kong agreement, even though I didn’t see any guns or other weapons that forced him.
Another couple of weeks pass and suddenly ViaBTC is born, a completely new Chinese pool that, out of nowhere, has around 7–8% of the global hashrate. .........
great insight, thanks for sharing. If they get a country, I hope they will build a yuge army to defend the national mining farms
. Cananda is an excellent choice.
I just sold also all alt coins that ASIC can mine
Good bye ASIC
And what you bought, please?
pivx if you are fed up with the mining race (as it's pos and is soon going to release zpiv staking (first worlwide) or monero... do a little research, maybe ETC... who knows.
equihash is asiced, I am ready to bet it...
