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Earlier quoted context omitted.
Given that there has been a 8x growth in price, miners must still be profitable at this point? If I were an ASIC supplier, I would be delaying shipping and "alpha testing" those hardware in times like this
> * If I were an ASIC supplier, I would be delaying shipping and "alpha testing" those hardware in times like this* I'm glad that you're not an ASIC supplier, because that's fraudulent and dishonest.
Genuine question: Does this mean Btc is not so decentralized after all? Could they possibly decide one day to release an update to exercise ultimate control/power over btc?
Bitcoin is about to break 1 Billion difficulty. The leap in difficulty must mean all the 500-600Ghash/sec 28nm ASICs are coming online.
Given that there has been a 8x growth in price, miners must still be profitable at this point? If I were an ASIC supplier, I would be delaying shipping and "alpha testing" those hardware in times like this
I would imagine they burn in test for 24 hours but with so many units to build they would have to rotate them out.
Soon a $5000 machine like that will only make a quarter coin per day.
Genuine question: Does this mean Btc is not so decentralized after all? Could they possibly decide one day to release an update to exercise ultimate control/power over btc?