Mike on Nostr: I run a Bitaxe and will continue to run a Bitaxe. I will also run an S21 or ...
I run a Bitaxe and will continue to run a Bitaxe.
I will also run an S21 or equivalent when market conditions improve for commercial mining and I ran a profitable S19 until May this year.
There is no intent behind this, numbers don't have emotions.
The reason I posted this was for my own understanding.
My view is mining doesn't need supporting.
What does need supporting is the decentralisation of mining away from Bitmain.
Bitaxe, still runs Bitmain chips, but by joining a pool like OCEAN (npub1qtv…7dze) you are supporting decentralisation of the pools.
When Block launch their miner, I will probably start running one to support the creation of a duopoly in mining hardware.
I hope more companies start producing serious mining hardware, because a duopoly is better than a monopoly, but still not a true open market.
I will also run an S21 or equivalent when market conditions improve for commercial mining and I ran a profitable S19 until May this year.
There is no intent behind this, numbers don't have emotions.
The reason I posted this was for my own understanding.
My view is mining doesn't need supporting.
What does need supporting is the decentralisation of mining away from Bitmain.
Bitaxe, still runs Bitmain chips, but by joining a pool like OCEAN (npub1qtv…7dze) you are supporting decentralisation of the pools.
When Block launch their miner, I will probably start running one to support the creation of a duopoly in mining hardware.
I hope more companies start producing serious mining hardware, because a duopoly is better than a monopoly, but still not a true open market.