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11 sats \ 0 replies \ @mudbloodvonfrei 4 Jun 2023 \ on: Is decentralizing bitcoin mining using USB miners a pipe dream? bitcoin
Unfortunately, I think it is. It seems the Bitmain machines have much better hashrate per dollar spent and more efficient power usage.
USB miners are a good insurance policy against governments physically attacking large mining operations and thus weakening the network overall, but that doesn't make it profitable and I worry about the scalability of altruism.