15 Jul
2014
15 Jul
'14
12:13 p.m.
On 15/07/2014 19:06, Warren D Smith wrote:
Flaw: a parallel search using 1000 computers, will find that x 1000 times faster. ... Advantage: The goal is, it is supposed to be "hard" to find the new x. "Hard" should mean "requiring a certain amount of time, no matter how much money you have to buy more parallelism."
Why "should" it mean that? Why should it not, e.g., mean: If you want to bring bitcoins into being by mining them, then the amount of resource you need to commit is roughly proportional to the amount of bitcoin you will gain ? -- g