The below is an off-site archive of all tweets posted by @lopp ever

May 12th, 2015

jgarzik ” $INTC factories, the documents suggested, were responsible for at least two generations of @21dotco bitcoin mining chips”

via Twitter Web Client (retweeted on 7:09 PM, May 12th, 2015 via Twitter Web Client)

@gigq Sure; there were some Germans claiming huge energy savings but also 21.co might cause ASIC proliferation.

via Twitter Web Client in reply to gigq

@gigq I only forsee it following the price if there are no more advancements in ASICs, which also seems unlikely.

via Twitter Web Client in reply to gigq

gendal My new post “Ignore Bitcoin at your peril?
Does Nasdaq announcement show you need blockchain *and* bitcoin strategy?” gendal.me/2015/05/12/blo…

via Tweetbot for Mac (retweeted on 4:38 PM, May 12th, 2015 via Twitter Web Client)

pig_poetry @lopp Nonsense! No true scotsman abandons an argument.

via Twitter for Mac (retweeted on 1:21 PM, May 12th, 2015 via Twitter Web Client)

Know your fallacies => know when to stop wasting time arguing with illogical opponents. en.wikipedia.org/wiki/List_of_f…

via Twitter Web Client

@Bullionbasis Different types of monetary instruments have different properties and thus different risks associated with using them.

via Twitter Web Client in reply to Bullionbasis

@Bullionbasis There is no such thing as “true money” - the value of a monetary instrument is in the eye of the beholder.

via Twitter Web Client in reply to Bullionbasis

@DrRoyMurphy We may yet see more innovation in mining, if not via more powerful ASICs, by cheaper and more plentiful embedded ASICs.

via Twitter Web Client in reply to DrRoyMurphy

@DrRoyMurphy Stagnant BTC price + ASIC tech nearing limits of silicon fabrication tech seem likely culprits.

via Twitter Web Client in reply to DrRoyMurphy

@coolbearcjs Tends to be related to the exchange rate of BTC (due to block reward) and advances in mining technology (ASIC design)

via Twitter Web Client in reply to lopp

@coolbearcjs It’s just an (estimate) of the amount of computational power that people are devoting to securing Bitcoin via mining.

via Twitter Web Client in reply to coolbearcjs

Hashrate has really plateaued the past few months. Seems unlikely to last… pic.twitter.com/ooL9kWDzFG

via Twitter Web Client

@Bullionbasis Bitcoin doesn’t work without power, just like all modern fintech. In event of global power loss, we’ll have bigger problems.

via Twitter Web Client in reply to Bullionbasis