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55 sats \ 1 reply \ @k00b 20 Sep \ parent \ on: Bitaxes and similar hashing power bitcoin_Mining
I think the realistic view is that bitaxe et al are gateway miners: they get lots of plebs experienced with and understanding mining, pools, etc such that they might upgrade to real miners someday. And more folks mining is good for bitcoin. So pleb mining is good for bitcoin.
I agree and from an economic perspective inustrial mining can't compete with that. Because for plebs it practically does not matter how much energy costs
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