Have you ever considered in forming an alliance like OPEC to limit the hash rate race?
I just saw Bitfury said that their cloud service would only add hardware based on demand, is this a trend towards more cloud based service?
It's funny to read it from mega self miner.
No, it's illegal.
How is that illegal?
It is just a consensus (if it ever can be reached). Even pools can be allied together to protect against a faulty fork in 2013, and against potential 51% attack if it ever happens
Imagine a vendor that have leading semi-conductor process 10nm, he can limit his production scale at a certain level so that the network hash rate increase slowly. He then could start a cloud mining service and sell the hash power at market rate, which leaves him large margin to deal with market volatility. I think that is what Bitfury means
In the USA there is an antitrust law preventing companies from joining together to set / fix prices and supply. Its to promote fair competition for the consumers.
about that antitrust thing, why has it not kicked in for Warner bros. and Comcast? they are trying to stop this whole "class 2" act and monopolise the communication of the USA? they want you to pay for internet you are already paying for, "oh, we cant push youtube or netflicks down our pipe quick enough, they must pay for bigger pipes... hey customer, you can pay, you are already paying for our service, its their pipes which are to small"
*customer pays * *comcast flicks switch* *customer gets 720p videos*
How in the world was Comcast allowed to buy/merge or whatever with Time Warner? Just a few years before it was NBC/Universal. Comcast is literally eating up the entertainment world. And those are only the companies we hear about. Check this list out. I know some people call it capitalism, but it is the same thing regarding running %51 of the BTC network. We don't want that to happen and we don't want one comcast doing the same. Sorry for off topic but there was a bitcoin comparison in there.
NBCUniversal
Television
NBC Television Network
NBC Entertainment
NBC News
NBC Sport Group
Universal Television (UTV)
Universal Cable Productions
NBC Universal Domestic Television Distribution
NBCUniversal International Television Distribution
NBC Local Media Division
NBC New York (WNBC)
NBC Los Angeles (KNBC)
NBC Chicago (WMAQ)
NBC Philadelphia (WCAU)
NBC Bay Area (KNTV)
NBC Dallas/Fort Worth (KXAS)
NBC Washington (WRC)
NBC Miami (WTVJ)
NBC San Diego (KNSD)
NBC Connecticut (WVIT)
NBC Everywhere
LX TV
Skycastle Entertainment
Telemundo
KVEA (Los Angeles)
WNJU (New York)
WSCV (Miami)
KTMD (Houston)
WSNS (Chicago)
KXTX (Dallas/Fort Worth)
KVDA (San Antonio)
KSTS (San Francisco/San Jose)
KTAZ (Phoenix)
KNSO (Fresno)
KDEN (Denver)
KBLR (Las Vegas)
WNEU (Boston/Merrimack)
KHRR (Tucson)
WKAQ (Puerto Rico)
KWHY (Los Angeles) (Independent)
Television Channels
Bravo
Chiller
CNBC
CNBC World
Comcast Charter Sports Southeast
Comcast Sports Group
Comcast SportsNet Bay Area
Comcast SportsNet California
Comcast SportsNet Chicago
Comcast SportsNet Houston
Comcast SportsNet Mid-Atlantic
Comcast SportsNet New England
Comcast SportsNet Northwest
Comcast SportsNet Philadelhpia
SNY
The Mtn.-Mountain West Sports Network
CSS
Comcast Sports Southwest
New England Cable News (Manages)
NBC Sports Network
The Comcast Network
E! Entertainment Television
G4
Golf Channel
MSNBC
mun2
Oxygen Media
Cloo
Sprout
The Style Network
Syfy
Universal HD
USA Network
The Weather Channel Companies
Syfy Universal (Universal Networks International)
Diva Universal (Universal Networks International)
Studio Universal (Universal Networks International)
Universal Channel (Universal Networks International)
13th Street Universal (Universal Networks International)
Movies 24 (Universal Networks International)
Hallmark Channel (non-U.S.) (Universal Networks International)
KidsCo (Interest) (Universal Networks International)
Film
Universal Pictures
Focus Features
Universal Studios Home Entertainment
Parks and Resorts
Universal Parks and Resorts
Digital Media
DailyCandy
Fandango
Hulu (32%)
iVillage
NBC.com
CNBC Digital
Plaxo
Communications
XFINITY TV
XFINITY Internet
XFINITY Voice
Sports Management
Comcast-Spectator
Philadelphia Flyers
Wells Fargo Center
Global Spectrum (Public Assembly Management)
Ovations Food Services
Front Row Marketing Services
Paciolan
New Era Tickets (ComcastTIX)
Flyers Skate Zone
Other
Comcast Ventures, which is invested in numerous companies.
And now onto Time Warner Cable:
Local channels
Time Warner Cable News
Regional Sports Networks
Metro Sports
Time Warner Cable Sports
Time Warner Cable SportsNet
Time Warner Cable Deportes
TWC Sports 32
SNY
Other
Adelphia — cable television company in PA
NaviSite — cloud and hosting services company
Insight Communications — cable operator
DukeNet Communications —Fiber optic network
Time Warner Cable Internet
Time Warner Cable Media (advertising)
Here are all of the cable regions Comcast will now acquire:
West Coast
California - Barstow, Desert Cities, Los Angeles, (north) San Diego, San Bernardino
Hawaii (Operating as Oceanic Time Warner Cable)
Midwest
Kansas - Kansas City
Missouri - Kansas City
Nebraska
Ohio - Akron, Canton, Cincinnati, Cleveland, Columbus, Dayton, Findlay/Lima, and Youngstown Kentucky - Lexington, Louisville, Northern Kentucky, Ashland
Pennsylvania - Erie County, Sharon
Wisconsin - Green Bay and Milwaukee
Northeast
Maine
New Hampshire - Berlin, Keene
Massachusetts - Athol, Pittsfield
Upstate New York
New York Cluster
New Jersey - Bergen County, Hudson County
New York - New York City (Manhattan, Queens, Staten Island, most of western Brooklyn), Mount Vernon (Westchester County, rest of county is Cablevision)
The Carolinas Cluster
North Carolina - Charlotte, Raleigh, Greensboro, and Wilmington
South Carolina - Columbia, Sumter, Florence, Summerville, Hilton Head and Myrtle Beach.
Texas Cluster
Texas - Arlington, Austin, Beaumont/Port Arthur, Corpus Christi, Dallas, El Paso, Harlingen, Killeen/Temple, Laredo, Rio Grande Valley, San Antonio, Waco, and Wichita Falls
National
Alabama - Dothan, Enterprise
Arizona - Yuma
California - El Centro
Colorado - Gunnison, Telluride
Idaho - Coeur d'Alene, Moscow
Indiana - Terre Haute
Virginia
Washington - Pullman
South West Ohio Division West Virginia - Clarksburg