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90d
Jihan Wu is not a friend of #Bitcoin or #BitcoinCash you fucking idiots.
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Jihan Wu is the first person to translate the Bitcoin white paper into Chinese, and he stayed in crypto despite being demonized by half the people in the ecosystem. You are unfair.
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was*
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Maybe he is not the closest friend Bitcoin Cash has. But still his implication in the ecosystem is good for Bitcoin Cash.
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I don't understand the price movement though. BCH has problems these days and it seems that speculators don't care.
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Reading through the threads I can see you have no reason for this. The guy made an ASIC making company. He is a friend to crypto. All he did was have a different opinion in than you.
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Thanks for your opinion, my mentally challenged friend.
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You never gave a reason for the absurd idea that Jihan is somehow bad for BCH. Got anything to back it up, or is it your opinion is just meant to taken as gospel?
Mrpumperitis
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What i remember was...
When btc forked.Me going crazy on bitcointalk everyday saying bitcoin is now bitcoin cash then a few weeks ltr jihan sayin bch is bch btc is btc encourgin 2coins
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I’m still on the fence about this assertion, can you link me with some material to make an informed opinion?
Eric Reid
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I'd like to see where the negative opinion comes of him as well. He has been instrumental in getting the large scale mining business up and running it seems.
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Jihan and his friends profited a lot on the backlogs and this is why most SHA256 miners support BitcoinCore to this day.
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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.
Mrpumperitis
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Remember asic boost
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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.
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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
Mrpumperitis
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Biggest asic guys from the past Butterfly labs gone...knc miner gone...bitmain wont last forever either and jihan knows this.
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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.
Mrpumperitis
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Lol dont worry once bitmain goes ..within a few years or less a new player will takeover.
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This is why the monero community aims to prevent ASICs.

GPU mining lowers the barrier of entry and leads to a healthier mining landscape.
Mrpumperitis
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Have they not got loads of old fpga they use instead?
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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.
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Personally, I'd prefer GPU mining.
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As for large scale mining...it's a problem, not something positive.

Please read this carefully: https://bitcoin.com/bitcoin.pdf