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Topic: Anyway to block miners in China? - page 3. (Read 2917 times)

sr. member
Activity: 363
Merit: 285
July 01, 2013, 12:50:46 AM
#7
Anyway GPU Mining is DEAD, with actual diff and price of 91 USD it's not profitable to GPU mining anymore
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 01, 2013, 12:47:24 AM
#6
Until he does that, people will have a hard time taking Bitcoin seriously.

Hmm... IMO that should read IF he did that then people would have a hard time taking Bitcoin seriously.

If the core dev at a whim decided to just "change the rules" and turn millions of dollars of hardware investment into electronic trash then Bitcoin would indeed be considered a bad joke.


This

I can't stand asics and specially most of it's manufacturers but someone would probably pay for Gavin's execution if he'd do it Smiley
legendary
Activity: 1246
Merit: 1002
July 01, 2013, 12:46:29 AM
#5
This is the strangest thread I have read so far in bitcointalk.
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
July 01, 2013, 12:45:26 AM
#4
Until he does that, people will have a hard time taking Bitcoin seriously.

Hmm... IMO that should read IF he did that then people would have a hard time taking Bitcoin seriously.

If the core dev at a whim decided to just "change the rules" and turn millions of dollars of hardware investment into electronic trash then Bitcoin would indeed be considered a bad joke.
PeZ
sr. member
Activity: 297
Merit: 250
July 01, 2013, 12:42:51 AM
#3
If Gavin Andresen modifies the code to make it impossible for Asics, that would stop the excessive growth of difficulty. Until he does that, people will have a hard time taking Bitcoin seriously.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 01, 2013, 12:34:59 AM
#2
Why would anyone block miners from China, are you crazy?

Nobody should block AsicMiner itself, let alone whole country.
newbie
Activity: 57
Merit: 0
July 01, 2013, 12:30:53 AM
#1
Eventually someone will bring up this topic, so why not just start here...

If AsicMiner will add 800-1000TH to mining, then the individual's small machines will be useless. https://bitcointalksearch.org/topic/m.2622243

When this happens, will anyone think it is justifiable to block mining power from China? Will this cause too much collateral damage since there are so many individual miners in China as well?

If it is justifiable, then how to do it technically or what is the process to seek consensus?
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