does this quote make sense in regards to a bitcoin mining outfit takingover millions of boxes and cornering the mining??
Quote:
And it wouldn?t make sense for any one entity, for instance, to attempt to monopolize mining, except to destroy it. After all, this part of the system is somewhat transparent, and bitcoin?s value will be retained in the degree that it is decentralized. If one entity controlled the world?s bitcoin output, it wouldn?t be worth very much, so trying to take over bitcoin doesn?t make financial sense.
|