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Topic: financing a 'Community Miner' project; Are You In? - page 4. (Read 4108 times)

legendary
Activity: 1456
Merit: 1175
Always remember the cause!
There is a dispute between me and almost everybody else here https://bitcointalk.org/index.php?topic=1368507.440

There is not a dispute, I think you have not been around long enough to have seen the wreckage of people funding companies projects.

Please read my last post on the above quoted thread.

I answered your post there , and there is a dispute definitively, but lets have it to be resolved there ...

as far as this thread is concerned I have to ask you Mr. Kilo:

Suppose (just suppose for the god sake) there exists a structure reliable enough, backed by the Bitcoin Blockchain that can guarantee fairness, transparency, and strategically well oriented management to fulfill following requirements:

1- accomplishing sophisticated job of attracting and accumulating funds and regulating it to be supplied to the project(s) and nothing else.

2- dispatching interests in a fair agreed way.

3- Communicating with all interested parties, making a balance between conflicting interests, resolving disputes, ....

again (I have to repeat) please, just suppose it is real and operational:

Are You In? How much?
legendary
Activity: 980
Merit: 1001
aka "whocares"
There is a dispute between me and almost everybody else here https://bitcointalk.org/index.php?topic=1368507.440

There is not a dispute, I think you have not been around long enough to have seen the wreckage of people funding companies projects.

Please read my last post on the above quoted thread.
legendary
Activity: 2212
Merit: 1001
I lost my ass 3 times by "pitching in",so nope.You get the product ready to ship & then I will buy  Wink

The network hashrate is NOT coming down...ASICs are NOT for sale,so you'll never get enough chips to recoup your investment  Sad

Mining bitcoin at home is over,in case you didn't get the memo  Cheesy
legendary
Activity: 1456
Merit: 1175
Always remember the cause!
What are you talking about? Tongue

I get that you are into dezentralizing the network.. it seems like you're trying to create a board of people from the btc community to control the creation of a new ASIC? Why?

The community will back a guy with the proven know-how, and ability to create a new ASIC.
The community will not back a group of self-entitled douchebags who has paid for their voices to be heard.

Have I interpreted you correctly?

Absolutely not Angry

The community backs people how?

Saying cheers and posting cheerful replies full of emoticons? Donating some mbtc's?

How in the hell, your majesty,  the community can support anybody?

This proposal is about organizing and making it reasonable and  economical to invest/support projects of public interest. What's wrong here? just support mentally if you are busted or have already invested in a farm full of Bitmain hardware!
legendary
Activity: 1456
Merit: 1175
Always remember the cause!
Is there reason to have TWO threads, that are named the same, with different capitalizations for the words?

This doesn't make any sense to me.

My bad! Problems with my browser and it happened this way. I think a mod will eventually comes and fixes it.
legendary
Activity: 1456
Merit: 1175
Always remember the cause!
Well ... such a disappointing pledge Sad

I don't understand you people ... what's wrong with you? don't give up!

look:
1- Designing and producing ASIC is not a hard job. SHA256 is a simple repetitive shit of a limited set of operations; a piece of cake for any ASIC designer
2- ASIC Boost has already become open source and licensed reasonably fair.
3- I have encountered  new technologies and methodologies very cost effective in terms of reducing ASIC design/production/test cycles.
4- Other parts of a miner hardware design are of a very straightforward nature and need no R&D investment.
5- We got a lot of miners here with huge experience and knowledge that can be implemented directly to the process.

So why being  a coward?

Don't post me anything other than your readiness to participate and invest. Take your disappointing, negative perceptions with yourself to bed and have fun with a full HD nightmare ...

We are talking about action and hope disciplined and organized using the Blockchain to support it.

It is great!

Forget about playing a Lenze's law game please.
sr. member
Activity: 490
Merit: 251
No because capitalism > socialism.

A socialized miner will not be able to compete with a private built miner. Don't waste your time trying.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
I don't see how this could possibly work.  First of all, the main ASIC designers are light years ahead of the game and it would take a group of people with tons of experience to be able to rival them at this point.  On top of that, you could never truly be decentralized as someone would always have to control the funds and how they will be used, so you will always be trusting someone or some group, and investing in ASIC's without them being ready to be shipped has not worked out well in the past for any group.
alh
legendary
Activity: 1846
Merit: 1052
Is there reason to have TWO threads, that are named the same, with different capitalizations for the words?

This doesn't make any sense to me.
sr. member
Activity: 324
Merit: 250
What are you talking about? Tongue

I get that you are into dezentralizing the network.. it seems like you're trying to create a board of people from the btc community to control the creation of a new ASIC? Why?

The community will back a guy with the proven know-how, and ability to create a new ASIC.
The community will not back a group of self-entitled douchebags who has paid for their voices to be heard.

Have I interpreted you correctly?
legendary
Activity: 1456
Merit: 1175
Always remember the cause!
There is a dispute between me and almost everybody else here https://bitcointalk.org/index.php?topic=1368507.440
I'm insisting on investment and istitution and guys are teaching me Lone Ranger way of doing things, as a retired ranger I don't buy it  though.

I will take care of that discussion separately Wink 

Here I'm asking a simple question:

Suppose there is a Blockchain way of managing and fairly scheduling your investments to support a 'community miner' project to:

1- have your fair share of the involved interests being guaranteed

2- be supported as a home miner and

3- have the privilege to participate in a campaign for keeping Bitcoin decentralized aligned with your long term interests as a bitcoiner


ARE YOU IN?  HOW MUCH?


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