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Helping mining to decentralise
249 sats \ 6 comments \ @PRA3S3NT1A 2 May bitcoin
Hi everyone,
I am hoping I can help somehow bitcoin. Since I can not mine anymore because of very high electricity prices. I was thinking to just get one or more Bitaxe Supra and use them in solo mining. Obviously it is very unlikely that I will find a block, however I may help the decentralisation little bit. I know it isn't much but at least better than nothing. What do you guys think ? (of course I could just go buy some sats instead, but how is that helping others)
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0 sats \ 1 reply \ @Coinsreporter 3 May
Yes. As a bitcoiner, we must understand our duty is exactly to protect the decentralization of Bitcoin.
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0 sats \ 0 replies \ @PRA3S3NT1A OP 3 May
Let's give it a try with some nerdminers and bitaxe 😄
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0 sats \ 1 reply \ @Satosora 2 May
I dont think this is a bad idea at all. Maybe everyone who actually has some bitcoin could get on the same train. Not to find blocks, just to prop up the system. A bunch of little guys with enough hash rate could influence the system.
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0 sats \ 0 replies \ @PRA3S3NT1A OP 3 May
Agree. It isn't much if your measure it in small scale however if enough people care about this then it should adopting which can make a change
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0 sats \ 1 reply \ @Wumbo 2 May
If you already have mining hardware, I would turn down the wattage in the firmware and keep running. Nothing wrong with Bitaxe but why buy one when you already have hardware.
I would also point to a small pool that you feel deserves your hash rate.
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0 sats \ 0 replies \ @PRA3S3NT1A OP 3 May
I do not have the hardware anymore. After the electricity prices rose sharply I decided to sell it for some sats. Thank you for the recommendation.
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