Replying to Avatar freeborn | ἐλεύθερος | 8r0gwg

For good or for ill, Ordinals increase miner fees.

Miner fees are non-kyc.

KYC bitcoin is likely to be in the crosshairs sooner rather than later

It seems to me, then:

A MINER (OF SOME SIZE) IN EVERY HOME

#plebchain
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mark tyler 2y ago

Yeah, especially because not all miners are kyc free. A huge percentage are not

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freeborn | ἐλεύθερος | 8r0gwg 2y ago

... this is news to me, unless you're talking about most mining *pools*

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mark tyler 2y ago

Hmmm. Thanks for the callout. Maybe i heard wrong cuz I’m not finding articles to support it. I thought KYC’d miners was part of the Ocean thing. AntPool did some kyc stuff (20%), but it’s not clear to me how much. I think other big names aren’t, so that’s reassuring.

I suppose thinking about miners in pools rn as actually just hash providers and the companies themselves being the only miners, and how the company employees are KYCd is how we get there.