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RE: Russian Miner Coin ICO Raising $100 Million to Defeat Chinese Bitcoin Mining

in #bitcoin7 years ago

It's good pure free market economics. That is true bitcoin philosophy at its best.
Compared to NATO (No Action Talk Only) groups of people/troll that only can write in their twitter stating that mining is monopolised by China or Chinese miners.

If Greenland suddenly has ten mining pools at the top ten, will people say it is monopolised by evil Greeland? No they will say it's smart management of Greenland's tech industry.

Let's Occupy Wall Street by simply - buying bitcoins (since we aren't capable of mining).

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Agreed. Mining will naturally coalesce where the resources are best suited. I am however looking forward to more diversification of the mining operations.

Hello. Any news about sunrise s11i miners? I see them to buy for 1600USD. Can i pay in btc for that? Can i collocate it in datacenter?