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130 sats \ 4 replies \ @OT 16 Mar \ on: Beware of millions of ways to lose your Satoshis mining this bull market bitcoin
Don't you think Plebs should have at least 1 rig like an S9 at home just as a last resort counter to a US gov shut down of the large mining farms there? They are only ~$200 and could be either unplugged or under clocked solo mining.
No S9s are so insignificant that's not a good defense against a situation like that from a hashrate standpoint. Though it would be interesting from a legal standpoint as mass noncompliance like that would make enforcement at a larger scale more difficult. It would also mean more people willing to sue the feds.
The best defense against a state actor messing with miners is geographic distribution of hashrate. Fortunately it's growing more distributed and will continue to do so.
I think plebs can mine at home if they're also taking advantage of the heat produced by the miners. Any instances where space or water heat are produced by electricity are opportunities to produce that heat with a miner and stack a little corn on the side. This only works for folks who are willing to get their hands dirty.
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Heat definitely changes the economics
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