Replying to Avatar Albert Frei

You still didn’t name an industry in wich low quantity producers beat scaled ones.

Also logically it doesn’t make sense to me. Why would a producer with a few machines stay longer in business than the big ones?

Big players have much better access to capital and hardware.
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bitcoinlimit 9mo ago

solo miners are not in it for profit. imagine 10m bitcoiners running their own 10 th/s miners each. i'd compare solo miners to a small batch côte du rhône wine maker or a gruyère cheese producer in the swiss alps. not chasing scale, just preserving quality and independence.

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Albert Frei 9mo ago

Beautifully said 👌

I hope you are right.

Unfortunately I’m still not convinced though. If bitcoin becomes the global reserve asset and money of choice for transactions I doubt a bunch of hobbyists will be enough to secure the network from nation state attacks.