InvestorsHub Logo

Replies to post #435 on Bitcoin

Replies to #435 on Bitcoin
icon url

whywetrance

12/08/13 4:56 PM

#436 RE: The70th #435

They were able to generate an EXTRA 25 BITCOINS! By itself it destroys the 21 million coin limit.

Also we have surpassed a milestone in chip architecture- making Bitcoin much too easy to mine. A few designer's of mining equipment have stated that 'they' have broken bitcoin. Only one altruistic company stated that they wouldn't even ship their units until after a certain date because it would tilt the scales in the miner's favor. How many companies have equipment that surpasses civilian technology?

Moore's law has broken the crypto currencies, but don't take my word for it.....just sit back and watch.

It doesn't mean that you can't make money off of it- just know at a certain level computational processes defeat digital security.

Gltu...