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Author Topic: Ghash, BTC China & Bitmain Mining Predictions For 2015  (Read 750 times)
lemonte
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January 17, 2015, 02:40:43 PM
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We conducted an interview with Ghash, Bitmain and BTC China about mining predictions for 2015. I thought it may be of interest to people on here, particularly in light of CEX temporarily suspending cloud mining.

http://www.miningpool.co.uk/industry-insiders-share-thoughts-bitcoin-mining-centralisation-2015/


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January 17, 2015, 06:43:46 PM
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Bitumen claimed that bitcoin mining will
Smith, who’s company suspended
some typos etc.
dull piece

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January 17, 2015, 08:01:13 PM
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Right now, there's a Chinese takeover going on, only a handful sees it.

The top pools are Chinese owned... Discus Fish, AntPool and BTC China are Chinese owned and operated.

The manufacturers are also mostly Chinese... nothing with the Chinese but if they don't play fair, only the Chinese will remain.

Kinda destroys the whole point of Bitcoin....

I also think we'll see Cryptos that will likely overtake Bitcoin in price per unit.

As long as there is a #1 pool who plays nice, miners will join so Discus Fish will only keep growing.

Basically those who just have that uncontrolable urge to kiss #1 ass all the time... being with the #1 doesn't make YOU #1....

Right now, GHash is unable to run its own hashing power profitably and chances are, they might not turn it back on for a long time.

Basically, the pools and builders have the power to dwindle the prices as they see fit, even as a temp loss, they know the end ROI is worth it.

Right now, GHash is a "threat" to the Chinese machine and if GHash don't mine locally, it's more coins for them.

Doing so also further deprecates the value of GHash's hardware; double whammy for the Chinese based builders and pools.

AntPool wil likely gain in hashing power and their DieHard fans will mine there too... I don't but no longer buy their crap either.

There's going to be a fierce battle between Bitmain and Spondoolies in 2015, we'll see prices on hardware keep falling.

We might see with Discus Fish what we saw so much with GHash in 2013... too close to a 51% attack than desired.

That's my own prediction.




-I'd rather be mining
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