I really don't think JP Morgan cares or has any reason to care about bitcoin.
Of course not. No on one has
ANY reason to give 2 shits about Bitcoin, right proudhon? Always such a permabear...
Well, no. I just don't see any reason to think JP Morgan's FPGA and GPU systems are for anything other than what they designed them for - assessing risk in the traditional financial market. Could they turn their system to bitcoin mining? Sure. Will they, probably not. With the size of the bitcoin economy they very likely make and will continue to make more money on that investment by using it for its intended purpose. Is there any evidence to suggest that JP Morgan has taken an interest in bitcoin, or will take an interest sufficient to justify using that resource, or any resources for that matter, on bitcoin? If there is, I'd be interested to know of it.