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From: Zac Greenwood <zachgrw@gmail.com>
Date: Mon, 17 May 2021 11:34:38 +0200
Message-ID: <CAJ4-pEDSkLTWOHjZCbLFAkAxsgpX2EGkaQV5LSgT8M_fHQqShQ@mail.gmail.com>
To: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>,
 Karl <gmkarl@gmail.com>
Content-Type: multipart/alternative; boundary="0000000000000d6b3005c2834e7c"
Subject: Re: [bitcoin-dev] Proposal: Force to do nothing for first 9 minutes
 to save 90% of mining energy
Precedence: list

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>
>
> Are there people who can freely produce new mining equipment to an
> arbitrary degree?
>

Close. Bitmain for example produces their own ASICs and rigs which they
mine with. Antpool is controlled by Bitmain and has a significant amount of
the hash power. The marginal cost of an ASIC chip or mining rig is low
compared to R&D and setting up of the production lines etc. For Bitmain
it=E2=80=99s relatively cheap to produce an additional mining rig.

Unfortunately I failed to make sense of your other remarks which looked
rather confused so I take the liberty to disregard them.

Zac


_______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>

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<div><div><div class=3D"gmail_quote"><blockquote class=3D"gmail_quote" styl=
e=3D"margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:solid=
;padding-left:1ex;border-left-color:rgb(204,204,204)" dir=3D"auto"><br>Are =
there people who can freely produce new mining equipment to an<br>
arbitrary degree?<br></blockquote><div dir=3D"auto"><br></div><div dir=3D"a=
uto">Close. Bitmain for example produces their own ASICs and rigs which the=
y mine with. Antpool is controlled by Bitmain and has a significant amount =
of the hash power. The marginal cost of an ASIC chip or mining rig is low c=
ompared to R&amp;D and setting up of the production lines etc. For Bitmain =
it=E2=80=99s relatively cheap to produce an additional mining rig.</div><di=
v dir=3D"auto"><br></div><div dir=3D"auto">Unfortunately I failed to make s=
ense of your other remarks which looked rather confused so I take the liber=
ty to disregard them.</div><div dir=3D"auto"><br></div><div dir=3D"auto">Za=
c</div><div dir=3D"auto"><br></div><div dir=3D"auto"><br></div><blockquote =
class=3D"gmail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-left-width:1=
px;border-left-style:solid;padding-left:1ex;border-left-color:rgb(204,204,2=
04)" dir=3D"auto">_______________________________________________<br>
bitcoin-dev mailing list<br>
<a href=3D"mailto:bitcoin-dev@lists.linuxfoundation.org" target=3D"_blank">=
bitcoin-dev@lists.linuxfoundation.org</a><br>
<a href=3D"https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev" =
rel=3D"noreferrer" target=3D"_blank">https://lists.linuxfoundation.org/mail=
man/listinfo/bitcoin-dev</a><br>
</blockquote></div></div>
</div>

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