The United States Federal Communications Commission (FCC) recently voted to end “net neutrality,” which will permit internet service providers to charge fees for quicker connection speeds. Many have decried this decision, albeit it is still unclear what ultimate effect this will have on the internet service industry. Ter the meantime, many cryptocurrency enthusiasts–especially those considering an investment te mining equipment–wonder how this decision will affect them. CCN obtained an special vraaggesprek with the CEO of a vooraanstaand mining hardware company to tackle this significant kwestie.
How the End of Televisiekanaal Neutrality Affects Cryptocurrency: An Vraaggesprek with Zeusminer CEO Terry Li
Zeusminer is a fresh face on the mining hardware toneel, but they are making a name for themselves quickly. They recently released the very first unspoiled Scrypt ASIC miners, which is notable te its own right. However, recently, they did something virtually unheard of ter the mining industry–not only meeting their estimated shipping date, but actually hitting it.
Having just shipped out their very first batch of Scrypt ASICS on May 20, Zeusminer CEO Terry Li is utterly busy. However, he graciously took time out of his busy schedule to share his insights on televisiekanaal neutrality spil well spil how to avoid scams ter the mining hardware industry.
Terry, do you view the FCC ruling spil a beneficial or harmful development for internet users?
TL: Spil it will be for all centralized services, this wasgoed expected. Internet services adopted the freemium specimen for fairly some time and it’s very successful and I don’t think broadband providers are comfy just being the infrastructure and channel spil they are public companies and have to report to shareholders. For now, I don’t see there will be any switch for regular internet users. However because internet would evolve on its own, fresh services would come along attempting to solve such issues (take BitCoin and now DarkCoin for example).
What effects do you foresee the FCC ruling having on cryptocurrency?
TL: On very first glance, with internet service providers providing preferential treatments to paid services (given bandwidth stays the same), cryptocurrency will be sharing less and less bandwidth. However, there are many already and more cryptocurrency application companies (exchanges, wallets, etc.) that are funded by VCs just spil any company that would be paying to get preferential treatment, they should be willing to rival for bandwidth by paying. So truly, I don’t see there would be a large difference.
Will it affect the cryptocurrency mining industry?
TL: Mining doesn’t take a loterijlot of bandwidth. Also, large farms are usually built ter rural area where farm owners would be their big customer, and I doubt if they wanna lose them.
The Zeusminer Blizzard, which boasts 1.35 Mh/s of Scrypt hashing for $179
Thank you for your insights. I understand that Zeusminer has just shipped out its very first batch of Scrypt ASIC miners. What separates your products from those your competitors suggest?
TL: I think the major difference is that wij are open and truly listen to the community. Since wij are the chip producers ourselves and have a very brief decision making process, wij act prompt. Our team is comprised of truly experienced people te each respective fields. For example, mij, at the age of 34, is the youngest among the leader of C level management. Also, our R&,D team is located ter the heart of world’s electronic vormgeving manufacturing – Shenzhen, which gives us the unmatched speed ter iteration and production. From the date wij have the very first chips till now, less than a month’s time, wij have gone through 7 iterations of vormgeving (all laid out and built ter bulk) and began shipping.
Te an industry so fraught with scams and costly shipping delays, what advice would you give to consumers looking to invest te mining hardware?
TL: Attempt to find proofs of legitimacy. Communication certainly helps. Proof of progress, etc. The most significant is to look out for the tape-out time. That’s the major milestone. With that done, you can pretty much expect your miner ter four months. However, the way the chip is packaged is significant spil well. Otherwise it will end up like Hashfast, with a super quick chip but no way to build it into [a] miner.
You are also preparing to launch ZeusHash, a cloud hashing service. When will it launch and how will consumers benefit from using this service?
TL: ZeusHash will be mining for mainstream. People can commence truly cheap and get a taste of how it is like to see crypto coming te every day, also there will be no set up needed which is indeed effortless to use. Taking crypto concepts mainstream and build up the entire community is healthy for the ecosystem te my fair opinion.