Hacker News new | past | comments | ask | show | jobs | submit login

I haven't cited any statistic from blockchain.info, and haven't considered hardware at all. All I have done is employ economic argument, which I think makes sense. It doesn't matter whether or not particular individuals are using ASICs. All that matters is that, collectively, they are making only a tiny profit (if any). This argument doesn't require consideration of hash-rate or particular hardware at all.



Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: