Return-Path: Received: from smtp3.osuosl.org (smtp3.osuosl.org [140.211.166.136]) by lists.linuxfoundation.org (Postfix) with ESMTP id 6C0C6C000E for ; Mon, 17 May 2021 09:34:52 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp3.osuosl.org (Postfix) with ESMTP id 68440605E0 for ; Mon, 17 May 2021 09:34:52 +0000 (UTC) X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: 0.602 X-Spam-Level: X-Spam-Status: No, score=0.602 tagged_above=-999 required=5 tests=[BAYES_50=0.8, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, FREEMAIL_FROM=0.001, HTML_MESSAGE=0.001, RCVD_IN_DNSWL_NONE=-0.0001, SPF_HELO_NONE=0.001, SPF_PASS=-0.001] autolearn=ham autolearn_force=no Authentication-Results: smtp3.osuosl.org (amavisd-new); dkim=pass (2048-bit key) header.d=gmail.com Received: from smtp3.osuosl.org ([127.0.0.1]) by localhost (smtp3.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id oP690uWA8iVU for ; Mon, 17 May 2021 09:34:50 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.8.0 Received: from mail-il1-x136.google.com (mail-il1-x136.google.com [IPv6:2607:f8b0:4864:20::136]) by smtp3.osuosl.org (Postfix) with ESMTPS id 62A7D605EA for ; Mon, 17 May 2021 09:34:50 +0000 (UTC) Received: by mail-il1-x136.google.com with SMTP id j30so5501977ila.5 for ; Mon, 17 May 2021 02:34:50 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20161025; h=mime-version:references:in-reply-to:from:date:message-id:subject:to; bh=RO+C6V8GYwW+Y5viaJ91qAGbKzyqex+0tgLN5v3iv68=; b=LmVhHLhqQQz7pbLrzOi/A/UNZ4simRtlV/3an7U7QX4SwjcKSJRwsGdLh81ciwpiC2 hikBw8LsCS5s1jQG3wPUNAjb9DZe8TszvrlPkyCREb4G1u9jqB3kRgIqW4NaR67nbopy 7SP6SmlJHnAcn//fCx/RuwtS63jbZUyD+ivmsGujYDzizv/lUmUpc07Bn/i9Dswn+vjy TJWq0exkd1XSWY1ITu8ZW0bmsE/Mt08vmfM6ge33W4LI0aw9ObSmTUHVgnSfzme/EORq H/Tvl8iBmOXlHCUXeF8EyvVxd2KptvR5losjDttlaSh8Hd8C08VrA5M/FAZDeJLi4cVH zUMg== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20161025; h=x-gm-message-state:mime-version:references:in-reply-to:from:date :message-id:subject:to; bh=RO+C6V8GYwW+Y5viaJ91qAGbKzyqex+0tgLN5v3iv68=; b=O3mn99rydotP2lMHoYICUchAQryCcRlghr4yU/mhmOV9p6ojQHLI8u0k89Pg5uVmgc MZGcJVehKRdPx986VKAte3Ev2fUqvDZpuCxDKSSGgED5uNgWtNlgWXCJgyxuTeQVVMWv uMmwe7cqcNINWr8NwBGl+Pce2axYzmEsjgcV2HAey6TQsYYWyKttreFuzeYFC4yc0mZe +OSQw22TrQrglRRNKbX+IpI3vzcOkwD4yWCpUOeu0s6Gug83gcyUWmjhEzqUirc/AT7e JVIz3Xx2pzDArSODDgQ0x0rY9wg1RJcttb8ZxRmUrtxzQrIq/oBV+MJbx6IExTkjx+Ds 4kfg== X-Gm-Message-State: AOAM530mo7EWlKaQ2DHuIiQ5/x0n62WMlF44Oov/s4SxeDYANyPfd6A9 p/gCyg7wuzBwF8HtO0lJIb1yQ91eQBRk0GGI7Zw0xt/w X-Google-Smtp-Source: ABdhPJwHfavWYF/6PgzAawI8O/ynP2q3sz/Jmy4Ehi9x3BQnk8N5c/E/zCcNOnj5NO+CQZO0xZ/9WqIAJ7Ir1ao3rvw= X-Received: by 2002:a05:6e02:df2:: with SMTP id m18mr6094609ilj.77.1621244089558; Mon, 17 May 2021 02:34:49 -0700 (PDT) MIME-Version: 1.0 References: In-Reply-To: From: Zac Greenwood Date: Mon, 17 May 2021 11:34:38 +0200 Message-ID: To: Bitcoin Protocol Discussion , Karl Content-Type: multipart/alternative; boundary="0000000000000d6b3005c2834e7c" X-Mailman-Approved-At: Mon, 17 May 2021 10:00:54 +0000 Subject: Re: [bitcoin-dev] Proposal: Force to do nothing for first 9 minutes to save 90% of mining energy X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 17 May 2021 09:34:52 -0000 --0000000000000d6b3005c2834e7c Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable > > > 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 > --0000000000000d6b3005c2834e7c Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable

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 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&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 s= ense of your other remarks which looked rather confused so I take the liber= ty to disregard them.

Za= c


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