[Chugalug] "Supplying the Mining World" -- Re: ButterFly ASIC Single

Jonathan Calloway jonathancalloway at gmail.com
Mon Sep 2 14:50:48 UTC 2013

It's nice to see there are still some gentlemen out there who have
"libraries". . . 




From: chugalug-bounces at chugalug.org [mailto:chugalug-bounces at chugalug.org]
On Behalf Of Mike Robinson
Sent: Monday, September 02, 2013 9:14 AM
To: chugalug at chugalug.org
Subject: [Chugalug] "Supplying the Mining World" -- Re: ButterFly ASIC


On Sep 2, 2013, at 7:00 AM, chugalug-request at chugalug.org wrote:

Re: ButterFly ASIC Single


In my library I have an excellent book, "Supplying the Mining World."  which
to me neatly sums-up how "Bit-con" actually works.  The people who really
made a fortune during the California Gold Rush days were hardware-store
proprietors, like Leland Stanford and Mark Crocker (who went on to do quite
well with the transcontinental railroad), and photographers.  Nearly all of
the hopefuls never made a dime, but they all bought shovels and sluice-pans
in the big city, and they all wanted to have their pictures taken.

As long as this device works as advertised ... it will accelerate the task
of solving this computationally-difficult yet-solvable problem ... then it
is in the eyes of the law as legitimate a thing to sell as any one of P. T.
Barnum's tickets to see "the amazing egress."


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