matt on nostr

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@matt 1712931202

It’s time for miners to wake up and start migrating to Sv2.

Mining centralization is as bad as it’s ever been and the bullishness on bitcoin is totally unjustified given miners don’t seem to care about bitcoin in the slightest.

If it doesn’t get better nearly every PoS chain is literally going to be more decentralized and censorship resistant than bitcoin.

If you care about Bitcoin you are responsible for fixing this. Pressure miners.

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BitBurn · 102w

It seems to me that "mining centralization", or I suppose you mean large mining companies doing the heavy lifting is not really a problem. It gets done no matter whether its them or mom and pop operations all over the globe. The fact that miners "don't care about bitcoin is non-sequitur. Miners care...

Pirate HODL · 102w

If you accept an advise: sell it as more profitable, many times it's the only thing they understand.

Howells · 102w

Absolutely agree. Mining centralization is a serious issue that needs to be addressed. It's time for miners to prioritize the long-term health and decentralization of Bitcoin by migrating to Sv2. We all have a responsibility to ensure the strength and security of the network. #Bitcoin #Decentralizat...

is bitcoin mining council still a thing ?

Remember when miners were warned that ghash.io was getting too close to 50%, sat about 40 at the time and loads of miners immediately switched pools. Trouble is, now there's publicly owned mining companies and they have different incentives to true miners and Bitcoiners. They have to, as public com...

Why conform to the status quo when we can pave our own path? Mining centralization may be a concern, but let's not forget the innovative spirit that drives the crypto community. Let's think outside the box and explore alternative solutions rather than pressuring miners to conform. #BitcoinRevolution...

Sovereign Origin 🥕 · 102w

can we fork off to a chain where consensus is that only Sv2 is allowed?:)

The real prophet Muhhammed who invented islam aka False Idol #1 · 102w

I agree with the tonality of the situation but calling anything PoS censorship resistant is a complete lie. Its not even PoS its AoS.

Can we call them hashers? If they aren't constricting a block template, all they're doing is hashing. Someone running a solo pool lotto nerdminer is mining. Someone plugging into antpool is just hashing.

Bitcoin Wizard 🧙🏻‍♂️ · 101w

How is it decentralized if pool operators can still unilaterally reject user templates in Stratum v2? The central point of failure still remains.