If:
- the Bitcoin mining network is at 1 ZH/s (10^21)
- an ASIC chip runs at 1 TH/s (10^12)
- there are 100 million US households (10^8)
Then we need 10^(21-12-8) = 10^1 = only 10 chips per US household to match the current hashrate! 🔥
If the world has 1 billion households (conservative by 1/2), that’s only 1 chip per household!
Who's bullish on distributing mining? @256 FOUNDATION
- the Bitcoin mining network is at 1 ZH/s (10^21)
- an ASIC chip runs at 1 TH/s (10^12)
- there are 100 million US households (10^8)
Then we need 10^(21-12-8) = 10^1 = only 10 chips per US household to match the current hashrate! 🔥
If the world has 1 billion households (conservative by 1/2), that’s only 1 chip per household!
Who's bullish on distributing mining? @256 FOUNDATION
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