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re: Bitcoin faces biggest threat yet: a miner takeover

Posted on 6/17/14 at 8:43 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 6/17/14 at 8:43 pm to
quote:

I really wish you would seek to understand instead of seek to dismiss.
Have you looked in the mirror? Bitcoin mining is an activity people engage in to create wealth for themselves. Thus, mining is an economic activity. Let me repeat that for slow learners, BITCOIN MINING IS AN ECONOMIC ACTIVITY. As such, you can't pretend that economic advantages like economies of scale won't play a key role in determining who succeeds at mining.

Just one final question for you, is this the Tech Board or the Money Board? Ignoring economics on the Money Board will not win many arguments.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10243 posts
Posted on 6/17/14 at 9:42 pm to
He doesn't troll to win, he trolls for sport.

And he's got ya. Hook, line and sinker.

FTW I have no opinion on bitcoins.
Posted by joshnorris14
Florida
Member since Jan 2009
45314 posts
Posted on 6/18/14 at 7:08 am to
Are you just glossing over what I'm saying?
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