obviously this is kind of a literal question now all the chinese exchanges are goners, but i'm wondering more about before that happened.
ltc aside, the never seems to have been much interest in alts from china.
considering they're degenerate gamblers you'd think they'd love it all. is it because most of them are based around english speaking communities, they only wanted to mine certain types, they have certain standards after all.
why do you think that was?
ltc aside, the never seems to have been much interest in alts from china.
considering they're degenerate gamblers you'd think they'd love it all. is it because most of them are based around english speaking communities, they only wanted to mine certain types, they have certain standards after all.
why do you think that was?
The guys who said they primary used ASICS, was my 1st guess also.
However as with all things , the realization that ASICS are a never ending money pit and that energy costs have no where to go but up.
The eventual conclusion is that PoW will eventually collapse due to ever increasing costs and another method such as Proof of Stake must be chosen.
At ZEIT, we have noticed the Chinese are joining our network slowly but surely.
