We need more McAffees in the west, rich people that can afford to start mining business outside of china to compete against the chinamen who are getting all the hashpower due the cheap costs. We need competition outside of china.
No, not really. That guy is using that primarily as a way to pump up the value of their company with investments. You should check out the tweets from Kim Doctom regarding the venture of McAffee. I thought that they will be charging 0% fee over lifetime but found this is only promotional offer.
Charging a zero percent fee for lifetime is a ridiculous idea that won't be adopted anytime soon. You do realize that these are businesses, and as such, they have to generate their share of the profit?I like the general idea behind it because it is primarily promoting decentralization. Let's see whether it will work out.
How is one company creating a secondary pool, promoting decentralization? You just pull the wool over people's head, by creating the
illusion that this is a separate entity to the original pool. Most people will not even know that it's the same company after a few years.
A few years ago, we had a situation with one pool, gaining 51% hashing power, and people shifted pools to stop that from happening.
Now people think they have separate pools, but it is still under one umbrella.
Exactly my thoughts. Nothing is decentralized here.
