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There is quite a difference between a steady stream of income, and some far off reward which you may or may not be able to achieve. Nearly anyone can do the fo
by topmonk 7y ago
There is quite a difference between a steady stream of income, and some far off reward which you may or may not be able to achieve.
Nearly anyone can do the former, but only a few have the luxury to attempt the latter.
- nnnnn11111 7y agoModern asic farms require a lot of up-front investment in developing hardware. All it takes is for one person to think he can hurdle the cliff and he can raise a lot of money to do it if the reward is there, not unlike the first group of people to raise funds to develop ASICS for Bitcoin (which were orders of magnitude faster than the hardware available at the time). We know Bitcoin can cope with a 100x more powerful asic coming online— can these systems cope with a 100x more powerful VDF?