Pleb miners need to keep adding hash rate to the smaller no KYC pools.
Discussion
Indeed!
Decentralise #bitcoiming and bring it back to the plebs!
Let's hope that as ASIC technology evolves its rate of improving will be reduced, so ASICs will operate efficiently much longer.
And then #homemining could compete again with #industrialmining.
🫂
I’m looking forward to my asic powered hot water heater
Monero means home mining.
Bitcoin means industrial mining.
Appreciate what is. There are trade-offs and each project needs to decide what to emphasise. One can not become everything for all that's why there is beauty in this movement as former trade-offs become trade-fors.
Both Bitcoin and Monero are important in their own ways.
Exactly...
What's the best way to do that? Just buy a miner or two from Amazon, join a pool, and start mining?
Sure. Find a reputable seller and go for it. You will want to make sure you have the appropriate power set-up and a well ventilated area where you/your neighbors won't be bothered by the exhaust heat and noise of air cooling. But they are relatively cheap compared to prices a year ago, and it has been a fun learning experience even if you don't make a ton. Happy mining ⛏️
Hopefully a "ton" is all relative to time preference. I wouldn't be looking to sell anything I mined regardless of how much I mined.
Thank you for the zap, good sir. ✌
Kaboom racks are good peeps, better than amazon
Plebs need to mine off pool with cheap hardware as well.
If billions of micro miners are fishing for lotto tickets on the open waters, it can end up incentivizing larger players to do the same.