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From: Melvin Carvalho <melvincarvalho@gmail.com>
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Subject: [Bitcoin-development] Mining Hashrate Caps
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I noticed this article today.

GHash Commits to 40% Hashrate Cap at Bitcoin Mining Summit

http://www.coindesk.com/ghash-commits-40-hashrate-cap-bitcoin-mining-summit=
/

Here's a quote from Satoshi when the mining arms race began:

"We should have a gentleman=E2=80=99s agreement to postpone the GPU arms ra=
ce as
long as we can for the good of the network. It=E2=80=99s much easer to get =
new
users up to speed if they don=E2=80=99t have to worry about GPU drivers and
compatibility. It=E2=80=99s nice how anyone with just a CPU can compete fai=
rly
equally right now."

Maybe outdated now, but I thought it was interesting.

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<div dir=3D"ltr"><div><div><div><div><div>I noticed this article today.=C2=
=A0 <br><br>GHash Commits to 40% Hashrate Cap at Bitcoin Mining Summit<br><=
br><a href=3D"http://www.coindesk.com/ghash-commits-40-hashrate-cap-bitcoin=
-mining-summit/">http://www.coindesk.com/ghash-commits-40-hashrate-cap-bitc=
oin-mining-summit/</a><br>
</div><br></div>Here&#39;s a quote from Satoshi when the mining arms race b=
egan:<br><br>&quot;We should have a gentleman=E2=80=99s agreement to postpo=
ne the GPU arms race as long as we can for the good of the network. It=E2=
=80=99s much easer to get new users up to speed if they don=E2=80=99t have =
to worry about GPU drivers and compatibility. It=E2=80=99s nice how anyone =
with just a CPU can compete fairly equally right now.&quot;<br>
<br></div>Maybe outdated now, but I thought it was interesting.</div></div>=
</div>

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