Jihan and his friends profited a lot on the backlogs and this is why most SHA256 miners support BitcoinCore to this day.
The only time when Jihan allocated hashpower to BCH was to exploit the early BCH bugs and rapid-mine the fuck out of it, which he later dumped for BTC.
Also, don't forget that he stood behind the Coretard narrative that BCH is not Bitcoin, and recently he fearmongered saying that BCH value will collapse after the halving.
He did say that, and with all the large fluctuations in value coupled with general market volatility in the space makes me worried about losing everything
Biggest asic guys from the past Butterfly labs gone...knc miner gone...bitmain wont last forever either and jihan knows this.
Meh, I’ll just go along for the ride then. Even if my bags amount to shit in the end, we did some charitable things in HK and I got to donate for a few plates in of food in Caracas.
Lol dont worry once bitmain goes ..within a few years or less a new player will takeover.
This is why the monero community aims to prevent ASICs.
GPU mining lowers the barrier of entry and leads to a healthier mining landscape.
Have they not got loads of old fpga they use instead?
I'm not aware of FPGA's being used for monero mining at all. The current algo is mined with GPUs and the upcoming algo favors CPUs.
Personally, I'd prefer GPU mining.
