cincy on Nostr: I will literally mine every block for free with my bitaxes if that’s what it takes. ...
I will literally mine every block for free with my bitaxes if that’s what it takes. OK can we all stop worrying about the mempool now🤣
for real though, the block reward doesn’t end until 2140, and every four years since the genesis block the reward in BTC terms has been halved, yet the real world purchasing power of a block reward has gone up exponentially. This is not our main problem right now, focus on what really matters. There are like 7 pools mining all the blocks, that matters. Bitcoin is still not an efficient medium of exchange if you want complete privacy, focus on that. The mempool is not a problem at the moment IMHO.
for real though, the block reward doesn’t end until 2140, and every four years since the genesis block the reward in BTC terms has been halved, yet the real world purchasing power of a block reward has gone up exponentially. This is not our main problem right now, focus on what really matters. There are like 7 pools mining all the blocks, that matters. Bitcoin is still not an efficient medium of exchange if you want complete privacy, focus on that. The mempool is not a problem at the moment IMHO.