Large Bitcoin mining operation goes up in flames

[Gavin Whelan]

https://thetrendythings.com/read/12169

[James Torre]

Muse for a moment on the perverse incentives engendered by centralized conglomerates such as these: 65 petahsh/s of mining power is destroyed, and thus does everyone else's mining profitability proportionately increase (speaking of which, how run those old GPUs, Gavin?).

In the end, 'tis more evidence for mass-federated mining a la P2Pool - https://en.bitcoin.it/wiki/P2Pool.

--jpt4

On Sun, Nov 9, 2014 at 12:17 PM, Gavin Whelan <gavw...@gmail.com> wrote:

https://thetrendythings.com/read/12169

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