IT IS EVEN WORSE THAN THE CHART MAKES IT SEEM SINCE ANTPOOL, VIABTC, F2POOL, BINANCE, BRAIINS, AND SECPOOL ARE ALL USING THE SAME CUSTODIAN AND BLOCK TEMPLATE PROVIDER.
BASICALLY ONE BIG CHINESE POOL AT ~47% HASH.
Discussion
Who is their provider
From my understanding, bitmain historically has been malicious. They should be crushed.
YES this has been going on for a while time to shout this nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx we gotta do something
😓😓😓
Precisely. Quit whining about some jpegs, this is a far bigger issue.
What can we do about it?
Buy and run a miner?
With ocean pool?
Solo mining or ocean or send the hashes to the smaller pools.
But will it make any difference?
Not with that attitude!
Not really, if you solo-mine, it's too much headache to create the infrastructure and cooling system for your miner, and you'd be mining in one of these pools anyway. And lose money on a depreciating machine before gaining any meaningful amount of btc. Some mining companies have hundreds if not thousands of rigs and yours will be a pass in the sea
So I need to switch from Braiins pool to one not using this custodian...suggestions??
#askNostr #Bitcoin #mining #btcmining
nostr:note1rrl6r0kzsngz4ngyqcwd7775z7yy0wjh7w5l0uk8ektre9eyfxmseutwkc
Btc.com seemingly is SECPOOL too
no onchain privacy, wasabi and samourai gone, lightning does not scale and self custodial LN is a pain in the ass still, ecash mints allow to break the 21m cap - the state of bitcoin is pretty terrible, sadly.
It's impossible to break the 21M cap on the base chain. Even if it was on one of the L2s, it would mean that some of the money wouldn't make it back to the base chain.
that is true, but it will not matter to the users who get rug pulled by the next ugly nerd SBF like crew which runs the mint, sells unbacked tokens to their users for real bitcoin and then do an exit scam. It is beyond retarded to create a system which allows that, it is the most anti bitcoin thing i can imagine.