Nostr Web Client

Miners can switch pools as they like.

CPU mining sounds good until you think about it a little more. What's stopping amazon or google from spinning up 100k CPU's? Probably cause its worthless

Saberhagen The Nameless 2y ago

And why would miners switch if they get paid more from those pools?

Will miners switch if they are personally not effected by certain censored transactions?

Probably not for both questions

Nothing is stopping that.

What is stopping two ASIC manufacturers from stealth mining with newer ASICs and selling them a year or two later to the public (as they are known to do)? What about nation states gag ordering and covertly coercing or paying to get them before the public?

Nothing is gaurunteed. There is only potential and incenctive.

It's easier to control specific-use limited supply ASICs than general purpose consumer CPUs that are already all around us. Everyone knows why you are buying an ASIC. No one knows why you are buying a CPU.

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Discussion

OT 2y ago

So how much do you earn mining monero? Is it more than the cost of electricity?

There are second hand asic markets. People can buy & resell or move juristriction.

Open markets usually have one or 2 companies that dominate. That's what competition is about. But go ahead & restrict mining to the lowest form.

Saberhagen The Nameless 2y ago

If you're going to dodge all my previous questions I'll just dodge yours too. You've been doing it this whole thread.

Whenever you want to have a real conversation lmk

OT 2y ago

Which important point did I not address?

But yeah, I don't think you're going to convince me on monero so we can stop & get on with our lives