💯 A $300 fun and educational lotto ticket. A decentralized fleet of BitAxes will not overtake industrial mining operations (industrial-scale ASIC miners can produce hundreds or thousands of TH/s). Even if you gathered an army of 50,000 BitAxes (that's $15 million worth!), each producing 1.6 TH/s, you'd only reach about 80,000 TH/s combined.

A single warehouse of industrial miners can dwarf that entire fleet. And dreaming bigger with a million BitAxes? That's $300 million spent to achieve what a few racks of industrial ASICs can do.

It sounds like a good fight for a good cause, and it's a fun hobby project if you'd rather not save for a proper miner or stack more sats.

The harsh reality is that while buyers gamble on hitting a block with their 22W miners, the sellers marketing that distant hope are the ones consistently profiting from the $300 price tags.