RE: So what6 Jan 2022 07:43
If this tech works and it is a big wholping huge IF... Then ur saying it can mine bitcoin 10x faster, won't that then increase supply to the market? If bitcoin is anything like gold or even oil then increase in supply will cause a drop in price surely.
I dont think ppl have thought this through just seems all giddy about upside cos ARB got lucky, now look at it. Bitcoin is cyclical and its had its peak for now, the whales will be dumping and price will fall back for a few years at least rinse and repeat - oh, unless the "flippening" happens with Ethereums new casper protocol gathering strength bitcoin could become a relic by the time this tech ever starts working.
Its a binary play and a bloody risky one at that as u can't guarantee the bitcoin price and likeni say it due to fall anyway but if these flood the market with bitcoins it'll be even worse.
Just saying for balance as theres a lot of ppl woth head in the clouds here