At the beginning of May 2011, the entire Bitcoin network had roughly the same hashrate as a single Bitaxe Gamma 601 does today.
Think about that for a moment: what was once the cumulative power of every miner on Earth can now be matched by a tiny, efficient, silent, open-source device sitting on a bookshelf.
Think about that for a moment: what was once the cumulative power of every miner on Earth can now be matched by a tiny, efficient, silent, open-source device sitting on a bookshelf.
That contrast tells an important story: Bitcoin has grown unimaginably, but so has the scale of industrial mining.
Today, the global network runs at over a quintillion hashes per second, and most of that power is concentrated in giant mining, farms, warehouses full of ASICs, optimized and controlled by only a handful of players. The technology is impressive… but the centralization risk is real.
Now imagine something different.
Take only urban Europe as an example: If every house had just one Bitaxe Gamma (roughly 1.2 TH/s) the combined hashrate would contribute around 10% of the entire Bitcoin network. Ten percent! Not from mega-farms and steroid-powered mining machines, but from ordinary people: homes, families, hobbyists, citizens choosing to participate and just in urban Europe alone.
If we extend this to every urban household in the world, it could exceed twice the current Bitcoin network hashrate (i.e., ~230%+ of current global hashrate).
This is the beauty of lottery mining: you don’t need to chase profitability or compete with industrial operations.
You don’t need a warehouse or a cooling system.
You simply add your small, steady trickle of hashes to the global pool.
You probably won’t find blocks in your lifetime, but every hash you contribute strengthens decentralization, broadens participation, and pushes power back toward individuals instead of corporations.
You can also join an open pool and receive daily lightning payments for the work your little miner does.
If you join a pool, you dont even need to run your own node for this (although I really suggest it).
Bitcoin was born from the idea that anyone, anywhere, could participate.
Today, devices like the Bitaxe bring that spirit back.
They make it possible for millions of people to contribute tiny amounts of hashrate that, together, form a massive, decentralized foundation.
So run a miner. Join the network. Strengthen Bitcoin. Even a single terahash matters, it always has.