Jameson SLopp is a bad actor, liar and disgusting shitcoiner manipulator. nostr:nevent1qqs0fl0uuvfu8xsa5symdhgamyg3qp3s43lzpnt7hsf8mk4deuj5jwgppemhxue69uhkummn9ekx7mp0qyg8wumn8ghj7mn0wd68ytnddakj7qgcwaehxw309aex2mrp0yhxvmm4de6xz6tw9enx6tc26fy6w

https://blossom.primal.net/26e52e10ee6892bed8852c7f71a2064b45738ab50f8361cf9fa8832e3ddc8b9d.gif

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...

This is what happens if folks take Slopp bad actor seriously. He is investor in Nakamoto and its good when scammers get rekt. nostr:nevent1qqsfx04kptuau3ssscsymjt300lqvhtrnkj8904qhas7cvla2na6a6qppemhxue69uhkummn9ekx7mp0qyg8wumn8ghj7mn0wd68ytnddakj7qgcwaehxw309aex2mrp0yhxvmm4de6xz6tw9enx6tcxmh4q4

Dude expected to spend a few usd and get 3btc back from finding a block. not too smart.

could have bought a bitcoin punks, a fine pepes and a blockforge with that loss dang

The only reason to do this is money laundering, which I'm not opposed to. I used to clean KYC sats by renting hashpower on Nicehash before they started forcing KYC on their service. You point it at a pool that doesn't KYC and you get clean virgin sats sent to a clean wallet.

Yh

Wow, at least he can do the math to help him 😅

😂🤣

To influence Bitcoin's security you need to control power and control ASICs. I don't think that renting hash does either of those things meaningfuly.

So Jameson SLopp who is a shitcoiner, bad actor and evil manipulator together with the compromised Core and some Coretards hate Bitcoin mining decentralization. Shocking, not. nostr:nevent1qqsdqjl8ewnt9e6j2a6g46y9adme7dzakch4zzvv7ssw4suf665k7fqppemhxue69uhkummn9ekx7mp0qyg8wumn8ghj7mn0wd68ytnddakj7qg...

At least the scammers of old used to get new Bitcoiners to buy shitcoins, but the ones now are getting them to waste money on hashrate and run (faulty) nodes. I think that makes these new ones at least better than Vitalik and co. It does likely make them a little easier to fall for though. I do st...

Mining is luck. Solo Bitaxing, individuals renting hash or mining farms punching out mass hash play the same game. Winning a block can’t be predicted. The point of mining is willing participation so as to be in the game. The same as choosing to run a node, the same as choosing to use sound money

I take Bitcoin University seriously

And they don’t even have a bitaxe to show as a participation trophy 🤣

Some people do it smarter: nostr:nevent1qqs0lpsnmre7kwu98xjlqzy3fkrlflt3za37tgcztmr9hhu0hyjt62s8xnp8c

You got NAKA’d broke boi