20 Comments on Bitcoin News #48 – Mining Discussion
0:00 Introductions – Flibbr, Joe, Yuan
1:51 What do you think about segwit2x/Barry Silbert? – Yuan
3:46 What are your thoughts on Jihan? – Yuan
7:20 What do you think about segwit2x/Barry Silbert/Jihan? – Joe
9:26 Miners care more about making a profit?
12:23 Gabriel D Vine joins
12:45 Flibbr – Jihan has many patents on asic miners?
19:25 Comments on Jihan promoting Bcash for profit – Joe
20:35 Gabriel D Vine’s thoughts/Miner self interest good for Bitcoin
26:38 Chinese Bitcoin community worried about Chinese government control? – Yuan
31:52 Chinese Bitcoin community worried about Chinese government control? – Joe
34:40 How fast is mining taking off in China? – Yuan
41:10 How fast is mining taking off in China? – Joe
43:17 Flibbr – How do you define Bitcoin?
47:15 Thoughts on uncertainty of segwit2x – Joe
50:30 Thoughts of spreading Bitcoin ideology in China – Yuan
52:53 How do you secure your mining farms? – Joe
56:25 How do you secure your mining farms? – Yuan
58:07 What do you think about ICOs? Have you seen any ICO miners? – Yuan
1:02:10 What do you think about ICOs? Have you seen any ICO miners? – Joe
1:03:49 Have you heard of miners starting their own ASIC manufacturing? – Yuan
1:05:36 Have you heard of miners starting their own ASIC manufacturing? – Joe
1:07:16 Contact info
Does TeamSpeak (https://www.teamspeak.com/en/teamspeak3.html) support end-to-end encryption like Signal or WhatsApp? Flibbr raised my curiosity when he mentioned Whalepool TeamSpeak [1:07:34] because it was the first time I had heard of TeamSpeak.
This entire space has just a few things going for it: appreciation due to “limited” supply, unregulated crowd funding and coin mining earnings….know of few other tex that lasted much longer with much less of a value proposition…my suggestion to ya’ll, don’t keep all your eggs in the crypto basket and leverage earnings in true and proved….like real estate.
Very interesting! So now we know both BTC are BCH are centralized around Chinese coal burning power plants, and the power plants love it, but the locals hate the noise and there is also a huge fire hazard (Ver was right about them possibly “blowing up”). And we already knew about centralization in ASIC hardware. – Lovely coins we have. 🙂 – Does anyone think the Chinese gov can’t get a handle on miners because they are attached to rural power plants? Anyway, still better than fiat…
We all know that Jihan doesn’t represent all the Chinese Miners, but seeing the conversations here, it really brings it home that everyone is an individual. Please, we need more of this type of talk to break down the misunderstandings within our community. Thanks guys!
The 3 biggest issues I see with Bitcoin right now ( besides the constant attacks from the outside and inside ) are that it is not distributed fairly over the world population, creating a new digital elite ( I am part of it I know ), which I find the biggest issue for the future. Then the centralization of the mining in China. And finally the small amount of connectable nodes in the world.