439 sats \ 6 replies \ @siggy47 24 May 2023 \ on: Let's take back Mining! bitcoin
It's a nobel idea that will benefit bitcoin. The problem might be convincing people to pay for electricity with little to no financial gain. For the record, I'm in if anyone has any ideas.
The electricity used by one usb device would be negligible to a single user. Multiply that by 200,000 and you have real power. That's decentralization
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Very true. I had in mind one of those combo miner/heater things. I like your idea.
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This is the block erupter , not as user friendly and costs 50-100 depending where you buy. But this is Tue basic premise. Plug in and forget, times 200k people.
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Yes that is. I should have checked the link more closely. Here's the complete discussion:
#183297
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It's not for gain, it is to sustain, otherwise currency rules instead of the people.
When a pool blocks ordinal "theory" spam, my .2 Thash will be there.
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Amen. The "we can't get 50% of the hash rate this way so I'm doing nothing " crowd are the reason decentralization struggles. Decentralization works by many people doing small steps. The individual can't see how immediate impact, but he has one.
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