You talk of more decentralization being good for the network and you do sell miners. However when I inquired about even obtaining small amounts of ASICs for prototyping I was told to spend money on your miner as you were not selling the ASIC by themselves. If you really want to help decentralize ...
I would like to ask a non Bitcoin Mining related question:
How do you think, is it important for our industry to have smart and beautiful women from around the planet on board? And how can they help in improving the image of Bitcoin in the eyes of those who think Bitcoin is just a weird ...
Hi Wu Jihan! I have a question about miners' relationship with core developers.
Should miners be responsible for voting on protocol changes?
Thus far, core developers have submitted proposals (e.g. BIP101) assuming that miners would decide which are accepted with their hashpower. Is this the way ...
I remember once somebody from BITMAIN said they would start to design a fully custom ASIC. What is the estimated performance difference between a semi custom and fully custom ASIC?
Thanks
BM1387 is a full customized ASIC. Semi custom and full custom ASIC will have very little difference on ...
Recently there have been some claims that mining farms have far greater hashing power than expected and use multiple pool to masquerade their share of the network. While it's very difficult to substantiate these claims, do you think there are any steps the mining industry can take to be more ...
I'm just going to guess that you've been to some pretty awesome mining facilities, maybe mining king's or others I don't know about yet? I really love the pictures and video of the inside of these places that is available, but there isn't much out there (for obvious reasons).
Will banks eventually mine at a loss in order to control and secure the Blockchain? What protocol changes do you see being implemented in the coming new year?
I don’t see banks will eventually mine at loss to control and secure the blockchain. They will just need to trust the security of the ...
How important do you see keeping mining decentralized in the Bitcoin industry?
What is the biggest issue you see with the blocksize debate and do you think that the new "Capacity Increases" https://github.com/bitcoin-dot-org/bitcoin.org/pull/1165 concensus on GitHub with most of the Bitcoin Devs ...
My name is Wu Jihan, and I’m the co-founder of Bitmain, the world’s leading manufacturer of bitcoin mining hardware, and I’m also personally a bitcoin evangelist in China. In 2011 I created the first Chinese translation of Satoshi’s whitepaper, and subsequently founded bitcoin news site ...