Well I would argue we need more miner mining to their own pools.
Ocean isn’t decentralised mining, in effect it’s just another pool, it doesn’t really decentralise mining in anyway.
More miner...
I thought Ocean was one of the good ones.
So whats the best way to decentralise mining?
I have looked into buying a mining rig on numerous occasions and im always put off, bcause i have to upgrade the hardware every 2-3 years. I would settle for the cost to be spot price of bitcoin and i dont actually make a profit. Having newly minted no kyc bitcoin is very appealing. But I get the feeling I would actually make a loss compated to spot price.
So would you say the best way to decentralise mining is for more people to buy their own bitaxe and mine at home and plug into a mining pool. That would require alot of people mining to balance out the few massive companies that dominate the bitcoin mining scene.
So whats the best way to decentralise mining?
I have looked into buying a mining rig on numerous occasions and im always put off, bcause i have to upgrade the hardware every 2-3 years. I would settle for the cost to be spot price of bitcoin and i dont actually make a profit. Having newly minted no kyc bitcoin is very appealing. But I get the feeling I would actually make a loss compated to spot price.
So would you say the best way to decentralise mining is for more people to buy their own bitaxe and mine at home and plug into a mining pool. That would require alot of people mining to balance out the few massive companies that dominate the bitcoin mining scene.
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