cbrooklyn112 on Nostr: The elephant in the room is mining bitcoin. Its not financially feasible for the ...
The elephant in the room is mining bitcoin. Its not financially feasible for the average pleb. Just dipping my toe in mining with bitaxe and an S9 its not doable. Unless you have free energy its better off just buying the bitcoin. It makes me wonder who is behind these large mining pools. It goes against business models. Making a business model like that where you depend on popping a block is suss. My prediction is mining will get centralized.
Published at
2025-02-08 13:08:50Event JSON
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"content": "The elephant in the room is mining bitcoin. Its not financially feasible for the average pleb. Just dipping my toe in mining with bitaxe and an S9 its not doable. Unless you have free energy its better off just buying the bitcoin. It makes me wonder who is behind these large mining pools. It goes against business models. Making a business model like that where you depend on popping a block is suss. My prediction is mining will get centralized.",
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