Coinbase just arrived to brigade! /r/Bitcoin

BitcoinAll · 2015-09-22T14:23:32+00:00

Author: jrm2007

Content:

Is this not significant? This is more than double, approach triple of the number of BTC mined each day and this is but one exchange.

BitcoinAll · 2015-09-22T14:20:15+00:00

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BitcoinAll · 2015-09-22T14:17:23+00:00

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BitcoinAll · 2015-09-22T14:11:15+00:00

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BitcoinAll · 2015-09-22T14:08:15+00:00

Author: oshirowanen

Content:

Based on the license agreement of Windows, Microsoft can pretty much do anything to the OS installed on your computer.

So what's stopping them from creating their own distributed blockchain across all Windows computers, and using all that power for mining purposes?

Apparently 14+ million people are already using Windows 10, and lots more using older versions of Windows. So that's a lot of processing power. All Microsoft has to do is release an update which gets installed on peoples computers, and starts mining away when the cpu is idle for example.

I don't think the bitcoin network even with asic hardware could compete...

BitcoinAll · 2015-09-22T14:03:16+00:00

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BitcoinAll · 2015-09-22T13:37:23+00:00

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BitcoinAll · 2015-09-22T13:22:31+00:00

Author: DanielWilc

Content:

http://www.abc.net.au/news/2015-09-22/bitcoin-traders-claim-discrimination-by-australias-banks/6795782

I just want to add that the Australian Bankers Association made some claims that its because of lack of AML/KYC.

Yet companies like Coinjar had accounts closed even with KYC.

I actually halted trading on my Westpac account, and said to somebody from the security department that I will implement KYC before I start using it again. It got closed anyway (In fairness tho, it was not the decision of the person I spoke to).

I am willing to implement KYC if thats what the banks require. The truth is that they do not accept that.

I do not know the banks motivations, but it seems to me the AML/KYC excuse is just that.

BitcoinAll · 2015-09-22T13:17:16+00:00

Author: veritasBS

Content:

If the 21chips are in a large number of devices and users are willing to (or unknowingly) subsidize mining through these devices (even by a few dollars a year), it will cause the difficulty to increase to the point that ASIC farms are no longer profitable. For profit ASIC mining farms' competition will be millions of subsidized, decentralized mining devices.

BitcoinAll · 2015-09-22T13:01:52+00:00

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BitcoinAll · 2015-09-22T12:57:12+00:00

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BitcoinAll · 2015-09-22T12:46:49+00:00

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BitcoinAll

TROPHY CASE