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55 sats \ 1 reply \ @clr 26 Jul \ parent \ on: So what are the problems with Monero? bitcoin
I mean that because bitcoin miners have to invest capital upfront in buying ASICs they are invested in bitcoin's long-term success. If bitcoin fails and they haven't amortized their investment in hardware, they lose their investment.
Whereas someone mining with their CPU/GPU doesn't care about a specific coin. If the coin they are mining fails, they can simply switch to another coin and keep mining, or even use their GPUs to train AI or whatever.
Ah, I get you now.
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