"Race to Mine Bitcoin Gathers Steam, Rush to Generate Valuable Virtual Currency Fuels Litigation, Regulatory Scrutiny and a Quest for Speed" http://online.wsj.com/news/articles/SB10001424052702303661404579180261683703066
well yah thats great...but really look at this quote.:
"But the rising prices have brought an increased push by so-called miners to use the speediest computers to get more bitcoin."
I am 100% sure this guy thinks people are buying desktops or servers to mine with. I support this by referencing a quote from this guy right after that one he writes:
The power and speed at which the computers attempt to solve the problems and accumulate more bitcoin is measured in the so-called hashrate. Recently, the measure has soared and is now tracked in "petahash," bitcoin experts say.
ok so he writes petahash but references no difficulty increases, nothing about asic, nothing about cloudhasing..
where the hell do they find these damn writers that apparently cant spend an hour researching on google or finding a person in a chat to attempt explain it to them before they go puking bs out in some article. YAY for btc publicity though lol gotta love that.
300$ here we come
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