Bitcoins Seized by DEA

Re:Bitcoins Seized by DEA by ensignavenger on Sunday June 23, 2013 @07:35PM (#5930042)

But if the managers of the mining pools were to do anything too overt, those who contribute computing power to them could (and probably would) quickly pull their support. At least in theory.

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Re:Bitcoins Seized by DEA by thomasbk on Sunday June 23, 2013 @08:08PM (#5930159)

Those who contribute share in the profits of the pool! Most things that are in the interest of the pool are in the interest of the miners.

Also, as hardware gets more specialized, the cost to entry gets higher and power concentrates.

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Re:Bitcoins Seized by DEA by jaibot on Sunday June 23, 2013 @08:05PM (#5930149)

This is also how fiat currency works. Which is all well and good.

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