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Replying to Avatar Jack K

Why aren’t all bitcoin miners collectively computing the deterministic amount of energy to mine a block?

That is literally the most important task of your job as a miner and literally every single entity is failing. They don’t have a clue.

The other half of the rabbit hole will not reveal itself until this is done. It’s a waste of our time and energy to mine blocks without this data. We can’t go back in time and observe the past for data that was not collected.

People will always be puzzled as to what bitcoin is. Without understanding the energy, bitcoin is doomed to remain abstract artifact without a tether to physical reality. Everyone touts the thermodynamic conservation within bitcoin, yet they can’t even prove it.

What are we doing here guys, come on. I will show you the other side.

#Bitcoin #mining #blockenergy #physics

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Astro Surfer 1y ago

You assume "they" are not, willingly orunwillingly. But your model rolling of collectivism could also lead to this question: why don't all miners but one old miner stop altogether so the one remaining would start tomine new blocks after a Quadrillion of decreases of Difficulty all the way back to difficulty=1. But that wouldn't be Bitcoin, that would be just another centralized system. Am I missing sth?

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