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That doesn't address any of the concerns I raised.
by maaku 11y ago
That doesn't address any of the concerns I raised.
- ZenoArrow 11y agoYes it does. If the article is correct, the 16nm BitFury chips will be sold to interested parties, so new mining capacity won't be dominated by a single company, thereby ensuring newly mined BitCoins can be distributed throughout the network. If your concerns were about something other than distribution, please clarify.
- maaku 11y agoThey will be sold to interested parties.. and hosted in the same data center. Back to square one. It takes a price per kW-hr differential of about $0.03 before it makes sense to put miners on a plane. That's far less than the power differentials one would expect, so those miners will stay put. Just paper ownership will change hands.
- ZenoArrow 11y ago> "and hosted in the same data center." This is why we're disagreeing, I can't see any indication that the chips will not be used in other data centres. Where are you getting this information from?