“In a key twist that keeps inflation in check, the difficulty of the cryptographic math that leads to newly minted coins grows as more computers join the network. That has led some technology professionals to target a new market in souped-up computers and specialized chips aimed at the growing ranks of Bitcoin ‘miners.’ Consider Ravi Iyengar, who first heard of Bitcoins about six months ago. Since then he has quit his job as a senior chip architect at Samsung Electronics and raised $1.5 million to launch CoinTerra. He says he has already pre-sold more than $5 million worth of the hardware he has designed for Bitcoin mining.”
http://www.reuters.com/article/2013/11/03/technology-bitcoins-idUSL2N0GV00I20131103
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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