BITMAIN Real Name Authentication

[bitcartel]

@Moordrik

One of the “cons” regarding ASIC somewhat comes to fruition with this…the majority of the equipment comes from China, could this be the government exerting their influence as some have suggested already?? This was one of the concerns during the debates.

Yes, this is one of the concerns that people have raised. Back in April, I wrote:

Let’s talk about ASIC mining

Let’s not miss the forest for the trees. The sale, distribution and operation of ASIC miners can be controlled and regulated, thereby exposing a public ledger to increased risk of censorship and manipulation. Consider the city of Plattsburgh (New York) which has just banned Bitcoin mining under environmental health and zoning laws: https://www.cityofplattsburgh-ny.gov/CivicAlerts.aspx?AID=229. The purchase and importing of equipment from overseas must first pass customs where it can be seized…