pull down to refresh
90 sats \ 11 replies \ @DarthCoin 9 Feb \ parent \ on: Dashjr: 6 confirmations not enough anymore bitcoin
stupid people = fiat maxis mining BTC only for fiat profits
So how can non mining plebs fight miner centralization?
reply
start mining ?
reply
does it make any difference if many of us start mining with bitaxes? It must solo mining then, right?
reply
reply
You have to Solo Mine... or mine with Ocean or at least a 'non-chinese' small group.
And the hashrate from small 'home' miners is so small... we would need hundreds of thousands of them to make any noticeable difference.
reply
we would need hundreds of thousands of them to make any noticeable difference.
yes indeed, but is the only way.
reply
I have a home miner, an Apollo II.
Is it profitable? Eh at 100k I probably just break even maybe less.
But I've learned a lot using it, and I'm glad I bought it.
Having said that, we have as a community focused so much on 'self custody' (that still not enough people do) only to seriously forgo the conversation about mining and 'transaction selecting'.
There are still very few examples of 'censorship' in the wild today (maybe a dozen a year, a few dozen at max?) but if Bitcoin ever becomes a global geo-political asset for countries this will start to be a BIG issue.
reply