Bitcoin Mining Hardware Capabilities

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: jonnybravo0311 on October 02, 2015, 02:38:08 PM

Quote from: jackg on October 02, 2015, 02:07:40 PM

The second question relates to the bug attacs from the bitcoin core which could mainly be avoided by re centralising the bitcoin currency as it is currently ina decentralised state (supposedly, however, most of the mining is done in China).

What are you talking about now? There are no bug attacks from the bitcoin core, nor has bitcoin ever been a centralized currency as you imply by making the statement that it needs to be re-centralized.

Are you using some kind of bot that just spews random thoughts on a page based on commonly used words and themes around a concept?

I was suggesting when it was in deveopment. It has always been de centralised (publically). It is alos mainly mined in China too. (where it is banned).

jonnybravo0311

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Quote from: jackg on October 02, 2015, 02:07:40 PM

The second question relates to the bug attacs from the bitcoin core which could mainly be avoided by re centralising the bitcoin currency as it is currently ina decentralised state (supposedly, however, most of the mining is done in China).

What are you talking about now? There are no bug attacks from the bitcoin core, nor has bitcoin ever been a centralized currency as you imply by making the statement that it needs to be re-centralized.

Are you using some kind of bot that just spews random thoughts on a page based on commonly used words and themes around a concept?

TheRealSteve

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"bug attacks from the bitcoin core"
"re-centralizing the bitcoin currency"

You're not doing very well on making more sense of your questions.

The 777Coin sig campaign manager might want to nix posts like these from the tally.

jackg

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Activity: 2856

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https://bit.ly/387FXHi lightning theory

The second question relates to the bug attacs from the bitcoin core which could mainly be avoided by re centralising the bitcoin currency as it is currently ina decentralised state (supposedly, however, most of the mining is done in China).

jonnybravo0311

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Not really sure about the questions as posed. If OP means the spam attacks that flood the network with transactions, then I guess one could speculate on it.

notlist3d

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Quote from: jackg on October 01, 2015, 02:50:28 PM

Will there ever be a machine that can mine the entire bitcoin transactions?
Will this be the only way forward for bitcoin to stop the hackers?

Are you talking about a 51 percent problem with first question? Anwser is look at ghash if so community moved it where they no longer had over 50 percent. There are no worries really at this point about 51 percent attacks.

Not sure on second question. Stop hackers from what? There question is missing at least half of question.

TheRealSteve

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A miner need only generate a valid hash given a certain header and the network difficulty. That header can represent a single transaction, 100 transactions, or even a billion transactions. The block size limit prevents having a billion transactions, but that's a technical limitation unrelated to the mining process itself.

None of which seems to be related to 'hackers'.

Without clarification, your questions don't make much sense.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Will there ever be a machine that can mine the entire bitcoin transactions?
Will this be the only way forward for bitcoin to stop the hackers?

Topic: Bitcoin Mining Hardware Capabilities (Read 1186 times)