BitcoinBrabant on Nostr: People don’t understand that the $5,- donation per bitaxe and the open source ...
People don’t understand that the $5,- donation per bitaxe and the open source development around mining will snowball the following:
- few bitaxes, how fun
- 1 block a month solo mined, people start to understand the lottery principle
- 1 block a week (couple million solo miners)
Meanwhile, radical bitcoiners buy a freaking new machine from ASML and start to dump cheap ASIC chips on the market. Everyone starts to build on the developed open source stacks and you can get mass produced “miners” super cheap for every dimension and purpose. We will heat/use excess electricity and join the lottery while decentralizing the network. Meanwhile companies with excess/cheap electricity/need for heat will run their own “pool” instance ensuring freedom of transaction is preserved. Open source mining should develop faster than its closed source competitors, but it starts at the ASIC level. And that start is expensive.
- few bitaxes, how fun
- 1 block a month solo mined, people start to understand the lottery principle
- 1 block a week (couple million solo miners)
Meanwhile, radical bitcoiners buy a freaking new machine from ASML and start to dump cheap ASIC chips on the market. Everyone starts to build on the developed open source stacks and you can get mass produced “miners” super cheap for every dimension and purpose. We will heat/use excess electricity and join the lottery while decentralizing the network. Meanwhile companies with excess/cheap electricity/need for heat will run their own “pool” instance ensuring freedom of transaction is preserved. Open source mining should develop faster than its closed source competitors, but it starts at the ASIC level. And that start is expensive.
quoting note125n…tngmYo am I shilling the #bitaxe too hard?
Is this really the break through I think it is?
If your a maxi and you want to see 1 million dollar bitcoin shouldn't you be running a bitaxe?
If we get 2 million new miners solo mining BitAxe wouldn't that improve the overall health of the network??
Say the bitaxe cost an average price of 100$
Some ppl buy it for 200 some ppl built it them selves for 75 bucks plus labor
Call it average 100 bucks
Why are y'all being cheap? Plug in the bitaxe let it run keep an eye on it that's literally it.
Can someone explain the problem???