Replying to Avatar Silner

I was talking about the psychology of ownership to be honest. I meant mining bitcoin as viable way of owning it is now out of reach of most of the world.

I'm not basing that on the price of #bitcoin but rather the price of #ASIC #mining rigs.

That was real trick the bitcoin maker missed. They should have made it ASIC resistant like #Monero is.

The actual price of bitcoin is irrelevant to my argument.
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Hanshan 1y ago

I can mine .002 #monero per day.

but mostly just a fun thing to do, not cost effective depending how you measure.

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Silner 1y ago

Well I wouldn't include #xmr in my criticism. I think the fact it's ASIC resistant makes it a lot more democratic in that respect.