omginternets

1258 ms·

1. 3391.▲
   by omginternets 12y ago

   Then I don't understand... could you please explain what you mean? I'm not familiar with the term ASICs. EDIT (since I can no longer reply): ASICs should only offset the point at which it becomes feasible for common-denominator
2. 3392.▲
   by omginternets 12y ago

   >Well, why's mining centralising now? Now we've come full-circle to my original thesis: this is a short-term phenomenon that I predict will slow and eventually reverse. I'm still unclear as to why this shouldn't be t
3. 3393.▲
   by omginternets 12y ago

   >If processing power increases, it increases for all players. I'm not sure I follow. If processing the block-chain is cheap enough that everybody can do it, I see no reason to depend entirely on centralized mines. The little guy c
4. 3394.▲
   by omginternets 12y ago

   >Centralization Death Spiral Isn't this a non-issue in the long-run due to Moore's law? Even if centralization happens in the short-run as a result of processing expenses, everything is destined to become decentralized as proc
5. 3395.▲
   by omginternets 16y ago

   Correlation != (causation || identity). For all we know, bittorrent rates could be falling for another reason and American consumers could be responding to this by opting for netflix. Come on... everybody should know this...