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Author Topic: what do miners know what speculators don't  (Read 1908 times)
mikerbiker6
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April 27, 2014, 08:01:27 PM
 #21

Miners realize that mining will be 100% centralized by the end of 2015 which in turn will have a huge impact on the bit coin economy.

Can I have that crystal ball you have, because mine isn't working.   Tongue

Seriously, I need to plan a year ahead accordingly.

Mine is working perfectly fine and he is right.

bit coin mining will be completely centralized by 2015 along with bit-coins, and bitCoin..

But bitcoin mining will be fine/decentralized.

Mining will be crashing starting in June. By end of year there won't be many survivors except for the manufacturers mines.

I think this would only be true if electricity wasn't such a limiting factor. Soon KNC will need a nuclear power plant to power their farm.
Haha, or a water dam.
But why is KNC mining in the first place, I thought they were only selling the hardware.

Another thought, at a certain point KNC will have a whole lot of pre-order hardware, just before they ship it out.
Could this lead to a 51% attack.
https://www.youtube.com/watch?v=Kjtgp5h-jEY&list=PLzctEq7iZD-7-DgJM604zsndMapn9ff6q

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Gyrsur
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April 27, 2014, 08:06:35 PM
 #22

*listen*

samsonn25
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April 27, 2014, 08:08:53 PM
 #23

Knc only have like 2000 neptunes? Only additional 6ph.  Thats assuming both batches
jimmothy
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April 28, 2014, 01:52:22 AM
 #24

Knc only have like 2000 neptunes? Only additional 6ph.  Thats assuming both batches

6ph will hardly be a blip on the radar by time the neptunes finally ship.
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