The black eye club is not a club to join.
It will to a point, at some point. I'm hoping so to get some back that I had to dump last year in an emergency :-(
YouTube videos are open source and public domain. Let the uploader beware IMO.
I was a 55 year old parent of a three year old. Just saying.
Have you noticed there aren't many drunks using nostr?
The great thing about being a life extension doctor is that nobody is going to ask for their money back.
You mean there are people who know where they stand with work? Wow!
Supply and demand... When bitmain need to expand their model and realise efficiency and affordable are the way to go or else leave the door open for competition. Christ I wish I hadn't slept through my electronics lectures.
Just eat British chocolate. Hardly any cocoa in it.
I totally agree with all of that, and implicit within it is that Bitcoin is heading towards usefulness for large sums mainly. The pricing structure for block fees is based on what satoshis were worth years ago and I see no sign of any incentive for any solution that would lead to lower fees. What would create such an incentive is some upstart focused on making mining more affordable to create more competition. Currently supply and demand favours the largest miners. So, yes, exactly as you say, technical advances. But if they are market driven as they surely have to be then more accessible mining technology has to be the way.
I suspect mining equipment isn't as efficient as it can be since the money so far has been in big hashpower with obsolescence. More expensive components could perhaps make equipment last longer and give bigger profits on a small scale but then the manufacturers would have to adjust their business models. So far perhaps they haven't needed to.
Are we now getting used to limits?
Attacks on mining are yet another reason why we need economical small scale mining technology.
Look to his former self for clues.
