Bitcoin: An Infrastructure Market in Transition

At Data Center Knowledge: As sharp price declines wreak havoc with the economics of Bitcoin mining, some entrepreneurs see a shift to transaction fees as the future of the virtual currency. A shift from mining rewards to transaction fees has implications for the data center industry, which could gain more business from industrial Bitcoin miners if the facilities supporting the network need to be enterprise-friendly. Bitcoin mining pioneer Dave Carlson Carlson believes e-commerce will create a major opportunity for dedicated Bitcoin mining operations. ““My belief is that if you’re Michael Dell and your revenues from bitcoin become meaningful, you may want to know where your transactions are being processed,” said Dave Carlson, the CEO of MegaBigPower, one of North America’s largest mining operations. “You may not want to rely upon a mine in China.” Read the full article at DCK.

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