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@oleganza
Created December 10, 2013 14:51
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Future of Bitcoin mining is specialized factories plugging chips in right after baking them.
These factories would work on the same profit margin as any other stable business.
Motivation to play honestly whould be right there: the value of produced bitcoins
is in their fungibility. Any censorship by the miners will be hurting them first.
And misbehaving miners are too easy to ostracize and drive out of business completely.
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