Bitcoin Spam and Mining Pool Centralization
https://blossom.primal.net/fa8ef013bb3272ed63beacb832a9b048b6fe32690babd1fc7ea280ed74ac77bc.mp4
Discussion
Thank you 🫡
Amazing series of videos 🙏🏿
Thank you 💜🤟💪
"rhymes with core" 😂
Why not add mining capabilities back to every #bitcoin node? Wouldn't this further decentralized and incentivice node running? Not for profitability but as an aggregated, solo-mining coalition that may end up composing a non-zero hash percentage to further add to the difficulty and help safeguard the network. There are around +-21,000 reachable nodes at this moment, if they all use whatever and however small their available collective hashpower of their varied hardware (raspberry pi's or other) is - and they are configured as solo miners, not as a centralized effort in a pool that can be manipulated, this would require very minimal upkeep from the node runner but still have that non-zero chance of winning a lottery at the added low cost incurred in the already running node. People running nodes right now are volunteers, they are already doing this without no expectation of gain - this would help add more nodes and more people however small. Then we have what BitAxe is doing, which could be construed as the concluding point of what I am discussing but not quite, as solo mining still requires interest and more maintenance on the part of the maintainer. Where as solo-mining by default in a node would require extremely low maintenance and just checking every few months to see if you won a block by some miracle - which could serve as a gateway drug to push more people into the BitAxe pathway and further the small-scale, home-base mining decentralization we all want.
I like this idea. You could just have it as am optional add-on.
Superb knowledge, education and content!
This is the best video you’ve made on this topic so far.
Why you should switch your node to #knots or just don't upgrade Core if you feel lazy🐸
