@gigq Apparently, though no more prognostications of $10 exchange rates.
@alansilbert I appreciate the naysayers. I’ll appreciate their public posts more in the far future as I reminisce about the good ol’ days.
Professor Bitcorn says that we can achieve consumer safety in Bitcoin & all we have to do is give up our freedoms. http://t.co/sbWswlp1fO
@bramcohen Take your time, collect your thoughts, then make a long form post. We’ll wait. :-)
RT @State_Internet: Akamai’s most comprehensive report on #cloud #security ever: Q1 2015 State of the Internet Security Report: http://t.co…
@mikeinspace That’s the million BTC question; @21dotco has determined that it’s better to mine. I can’t say myself w/o hard numbers.
@mikeinspace Well, you don’t know how long a given device will be running; it may be simpler to have it generate satoshis as needed.
@mikeinspace That will be up to the device manufacturers to build IoT-style functionality that is useful to the end user.
jgarzik The #bitcoin block size limit -will- be increased, in my opinion.
It’s just a question of when, how and by how much.
@mikeinspace Perhaps; it’s quite hard to speculate as to 21’s profitability without knowing their costs and anticipated mining revenue.
@mauroperetti This is @21dotco’s reasoning, though numbers / algorithms would be nice. https://t.co/VnV41Egp5p http://t.co/ftF018Hjjw
7) There are still many details we don’t know yet, thus much of the discussion about @21dotco is still speculative. Patience!
6) @21dotco hard coding a payout address leads me to conclude that the mining pool will be configurable, otherwise this would be redundant.
5) It’s worth noting the distinction between hard coding a payout address & hard coding a mining (stratum / GBT) server; 21 does the former.
4) Secondly, some are claiming that @21dotco may be in a position to centralize mining further by forcing chips to mine for them.
3) The point of embedded mining is not to earn a profit for the owner of a device, but to generate enough satoshis for the device to use.
2) First of all, let’s be clear that embedded BTC mining is not a for-profit operation like you see with large scale mining facilities.
1) There appears to be a great deal of confusion about @21dotco’s vision with regard to embedded BTC mining. Here’s my take:
@pig_poetry @danlowe @pmccall777 @ddahlke They have a pepper beer; my palate will be pleased :-P
@DavidShares @BTCFoundation Ouch! There’s some good content on that blog, please preserve it!
RT @CodyBrown: “Can I be as great as Elon Musk?” An incredible answer from his ex-wife http://t.co/SXPInEsLVf
@pmccall777 Blasphemy!