Damus
Jameson Lopp · 1w
This is what happens to folks who take nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpz3mhxue69uhhyetvv9ukzcnvv5hx7un89uqjqamnwvaz7tmvd9...
JackTheMimic profile picture
You know that the difficulty adjustment makes mining always unprofitable right? You only have a 2016 block timeframe to do a massive hash dump and be VERY lucky to make profit. Then you must have a massive increase in efficiency to even compete profitably again. So, yeah a guy lost $600...
1❤️2
Tyler Burns · 1w
That's not true at all. Difficulty, on average, only changes by a few small percentage points each adjustment. So there is plenty of time to remain profitable so long as you aren't getting into mining with an unprofitable setup from the get-go.
Kyma Fi · 1w
This fact goes against nostr:nprofile1qqs0w2xeumnsfq6cuuynpaw2vjcfwacdnzwvmp59flnp3mdfez3czpsprpmhxue69uhkummnw3ezumr0wpczuum0vd5kzmp0ksxxx2 s entire narrative lol 😂