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replied 2090d
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.
replied 2090d
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
replied 2090d
Biggest asic guys from the past Butterfly labs gone...knc miner gone...bitmain wont last forever either and jihan knows this.
replied 2090d
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.
replied 2090d
Lol dont worry once bitmain goes ..within a few years or less a new player will takeover.
replied 2090d
This is why the monero community aims to prevent ASICs.

GPU mining lowers the barrier of entry and leads to a healthier mining landscape.
replied 2090d
Have they not got loads of old fpga they use instead?
replied 2090d
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.
replied 2090d
Personally, I'd prefer GPU mining.
replied 2090d
As for large scale mining...it's a problem, not something positive.

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