Bill Cypher on Nostr: Everyone will tell you to run your own node. My bitaxe costs less than my node and ...
Everyone will tell you to run your own node.
My bitaxe costs less than my node and uses about the same amount of electricity. An s9 is even cheaper these days.
Mining is still seen as elite. It shouldn't be.
Currently doing both, mining is less hassle and costs less than running your own full LN node.
Hash because you are helping secure your savings not for a profit incentive. Once we fix that narrative and point people to entry level miners we can make progress distributing hash power.
Instead we keep telling everyone they need the biggest newest miner to profit or don't bother and the ones who buy an s21 will probably still lose at residential prices unless they are using the waste heat. Plus they are out millions of sats when they finally give up.
My bitaxe costs less than my node and uses about the same amount of electricity. An s9 is even cheaper these days.
Mining is still seen as elite. It shouldn't be.
Currently doing both, mining is less hassle and costs less than running your own full LN node.
Hash because you are helping secure your savings not for a profit incentive. Once we fix that narrative and point people to entry level miners we can make progress distributing hash power.
Instead we keep telling everyone they need the biggest newest miner to profit or don't bother and the ones who buy an s21 will probably still lose at residential prices unless they are using the waste heat. Plus they are out millions of sats when they finally give up.