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0 sats \ 4 replies \ @Hypnagog OP 29 May 2023 \ parent \ on: Let's take back Mining! bitcoin
And the antminer is old tech. What could you do today if it were modernized ?
I’m confused.
These thumb drives are more hobby devices. They can’t compete. It’s like CPU/GPU mining at this point. It’s a waste of time, capital and energy
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The idea of decentralizing mining is for many people to do a little in a way that scales and reinforces the network's resiliency. How many people use bitcoin today? How many would be OK plugging in a usb thumb stick on their lapyop/deaktops? You are saying this is not possible?
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For your perspective, if you haven’t run the numbers yet…
Last year one S9 provided 20 millionth of one percent of total network hashrate. A thumb drive will do 1000x less.
You are free to mine however you want.
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How about a thumbdrive times 200,000? Equivalent to 200 S9s using your numbers?
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