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Topic: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again - page 77. (Read 153294 times)

full member
Activity: 392
Merit: 154
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

AMD & nVidia aren't miners plus there are many more GPU manufacturers than ASIC manufacturers AMD & nVidia may produce the actual gpu core but it's the many manufacturers that release the cards.

You are not forced to get your cards from AMD & nVidia there is nothing stopping you from going to your local big box computer store

...and buy card containing chips made by AMD and Nvidia.

Nevertheless: I find the entire 'bubut muh centralization' narrative ludicrous. As long as there are no prohibitive institutional barriers to mining entry, it is as decentralized as is beneficial.

The issue is not the chip manufacturer making the chips its with the chip manufacturer trying to dictate the network

there is no way either AMD or nVidia can outrank everyone that owns a GPU they struggle now to keep up with the demand of the gaming market because of miners buying cards

Plus the cards can remain profitable for a very long time I have a R9 280x here that although is now must be going on 5 years is still working fine and profitable it's not as efficient but had paid for itself many times over but the majority of what I have at RX480s
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

And what mining farms do Nvidia and AMD control? Please enlighten us... Bitmain has its own farms as well as Bitfury.

Irrelevant. Mining equipment is available to anyone willing to purchase.

Though if you want to purchase the best, you'll need to acquire some BCH.

For how long though if what DragonMint is saying is true then miners will purchase their miners instead with BTC

Perhaps. We'll need to see how far the giddy optimism of tapeout diverges into the cold reality of first article delivery.

But doesn't that admission poke holes in your 'bubut muh centralization' argument?

(Incidentally: it's about frickin' time somebody stopped whinging about Bitmain's supposed unfair advantage, and actually got the cojones to try to compete instead.)
sr. member
Activity: 392
Merit: 254
I hope he isn't betting Bitmain's monopoly will continue indefinitely. I think that would be unwise
full member
Activity: 392
Merit: 154
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

And what mining farms do Nvidia and AMD control? Please enlighten us... Bitmain has its own farms as well as Bitfury.

Irrelevant. Mining equipment is available to anyone willing to purchase.

Though if you want to purchase the best, you'll need to acquire some BCH.

For how long though if what DragonMint is saying is true then miners will purchase their miners instead with BTC

legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

AMD & nVidia aren't miners plus there are many more GPU manufacturers than ASIC manufacturers AMD & nVidia may produce the actual gpu core but it's the many manufacturers that release the cards.

You are not forced to get your cards from AMD & nVidia there is nothing stopping you from going to your local big box computer store

...and buy card containing chips made by AMD and Nvidia.

Nevertheless: I find the entire 'bubut muh centralization' narrative ludicrous. As long as there are no prohibitive institutional barriers to mining entry, it is as decentralized as is beneficial.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

And what mining farms do Nvidia and AMD control? Please enlighten us... Bitmain has its own farms as well as Bitfury.

Irrelevant. Mining equipment is available to anyone willing to purchase.

Though if you want to purchase the best, you'll need to acquire some BCH.
full member
Activity: 392
Merit: 154
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

And what mining farms do Nvidia and AMD control? Please enlighten us... Bitmain has its own farms as well as Bitfury.

Precisely and that $1500 miner you buy or whatever they cost now that bitmain manufacturers for peanuts gets put straight into operation from the production line slave factory with a small fraction being sold off at a HUGE markup
full member
Activity: 392
Merit: 154
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

AMD & nVidia aren't miners plus there are many more GPU manufacturers than ASIC manufacturers AMD & nVidia may produce the actual gpu core but it's the many manufacturers that release the cards.

You are not forced to get your cards from AMD & nVidia there is nothing stopping you from going to your local big box computer store

legendary
Activity: 1806
Merit: 1828
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

And what mining farms do Nvidia and AMD control? Please enlighten us... Bitmain has its own farms as well as Bitfury.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users Nvidia and AMD instead of the ASIC manufacturers

FTFY

Frankly, I find the entire 'bubut muh centralization' narrative ludicrous. As long as there are no prohibitive institutional barriers to mining entry, it is as decentralized as is beneficial.
full member
Activity: 392
Merit: 154
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)

It means giving the power back to the users instead of the ASIC manufacturers
newbie
Activity: 61
Merit: 0
I don't understand your motto "Make Bitcoin Decentralized Again" ... When it became centralized? Grin What does it means?)
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
why bitcoin should be split again into several parts, whether this is due to disagree between developers, I do not really understand
I cannot give you correct answer, but in my point of view and my knowledge about the crypto market. There are lots of projects simply based on name of Bitcoin, use Bitcoin as their prefixes, tried scamming around. Be careful.

its fine you end up on all forked chains...and is a way of exploring all viable models.

Perhaps a necessary step in Bitcoin inheriting its antifragility.
legendary
Activity: 2632
Merit: 1023
why bitcoin should be split again into several parts, whether this is due to disagree between developers, I do not really understand
I cannot give you correct answer, but in my point of view and my knowledge about the crypto market. There are lots of projects simply based on name of Bitcoin, use Bitcoin as their prefixes, tried scamming around. Be careful.

its fine you end up on all forked chains...and is a way of exploring all viable models.
full member
Activity: 1288
Merit: 102
After what Bittrex has credited to their customers other exchanges will follow them. They are very slow but there is no escape and blockchain.info will also add willingly or unwillingly to their users accounts balanced based on1:1. I also had some BTC's there and waiting for some announcement.
full member
Activity: 392
Merit: 154
why bitcoin should be split again into several parts, whether this is due to disagree between developers, I do not really understand

Bitcoin is open source and therefore permissionless. Anyone can copy the code, make any changes they care to and create their own fork. Most altcoins are in fact forks of Bitcoin. The only difference with this recent trend is most forks opted to start their blockchains from scratch(at block zero) rather than fork off at a set block number like Bitcoin Cash and Bitcoin gold.

Fork is much easy way to get listed on big exchange and attract the investors just name of innovation. All forked coins has no bright future but who good chance to make some easy through this airdrop. Bitcoin will real on the top because it's original one.

I wouldn't say all forks but most yes I think Bitcoin Gold so far is the only exception and does have a bright future it was launched with a purpose and that was to take away the power from the ASIC manufacturers and give it back to the users it will never rival core that will always be number one but BTG has a good following and starting to build a good reputation after the less than perfect launch
sr. member
Activity: 392
Merit: 254
Bittrex has been crediting Bitcoin Gold...

Hopefully more exchange will do so too, any news about Poloniex yet?

They've been whisper quiet about it.
legendary
Activity: 1526
Merit: 1012
why bitcoin should be split again into several parts, whether this is due to disagree between developers, I do not really understand

Bitcoin is open source and therefore permissionless. Anyone can copy the code, make any changes they care to and create their own fork. Most altcoins are in fact forks of Bitcoin. The only difference with this recent trend is most forks opted to start their blockchains from scratch(at block zero) rather than fork off at a set block number like Bitcoin Cash and Bitcoin gold.

Fork is much easy way to get listed on big exchange and attract the investors just name of innovation. All forked coins has no bright future but who good chance to make some easy through this airdrop. Bitcoin will real on the top because it's original one.
newbie
Activity: 40
Merit: 0
Happy to see another bitcoin competitor on the scene. I would like to find some video presentations to learn more about it.
full member
Activity: 392
Merit: 154
why is BTG not listed on the right place at CoinMarketCap.com??

Still preparing coinbase probably http://btgexp.com/info CMC needs information from the API to list correctly not sure why it's taking so long but probably busy indexing everything before the fork

I have noticed that getmoneysupply "http://btgexp.com/ext/getmoneysupply" is now showing the correct value now so might not be much longer

Using the current getmoneysupply this puts the marketcap at $6,724,498,523 so firmly in #5 and closing on ripple for #4 possibly within the next week
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