plebiANON on Nostr: YOU CAN PREPARE FOR BOTH BLOCK SPACE BEING SCARCE WITH HIGH DEMAND AND NOT CARING IF ...
YOU CAN PREPARE FOR BOTH BLOCK SPACE BEING SCARCE WITH HIGH DEMAND AND NOT CARING IF RUNNING GIGANTIC MINING OPERATIONS IS UNPROFITABLE. MINING WILL SETTLE AT THE MARGINAL COST OF PRODUCTION AND THAT IS LIKELY A MUCH SMALLER HASHING FOOTPRINT BY MINER. NEITHER OUTCOME IS A PROBLEM FOR BITCOIN.
Published at
2025-02-02 03:06:35Event JSON
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"content": "YOU CAN PREPARE FOR BOTH BLOCK SPACE BEING SCARCE WITH HIGH DEMAND AND NOT CARING IF RUNNING GIGANTIC MINING OPERATIONS IS UNPROFITABLE. MINING WILL SETTLE AT THE MARGINAL COST OF PRODUCTION AND THAT IS LIKELY A MUCH SMALLER HASHING FOOTPRINT BY MINER. NEITHER OUTCOME IS A PROBLEM FOR BITCOIN.",
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