Oddbean new post about login | logout OH I GET IT! It's because a bitaxe is just like fast food, overpriced and offering no real benefit to the consumer in the end! nostr:note1z87s7rmlu3j7qtlkw8hjhaeged66ylmprpwq928mggp0tkxxqxlqefx77d
accurate
Okay “lottery” is the tax for the math-ignorant. Funny there’s many among bitcoiners. But could this be the beginning of an efficient race of home miners aiming to descentralize mining business for the sake of their own network “protection”? Devil’s on the details
Stop larping and become a real bitcoiner by supporting the network instead of just posting GM Get 5% discount on any bitaxe miner, starting at just 140 dollars: tinychiphub.com/CRYPTOCOLLEGE
Your "no true Scotsman" fallacies affect me not, now piss off to my mute list.
Sounds like somebody doesnt want to com play outside because its to scary. Mining is full and cool. You also learn a lot and ectually contribute a small piece to the network security. Hating on Bitaxe is litterally hating on the spirit of Bitcoin. So shame yourself no more and repent 😘
the smart time to buy them and pool mine, IF your local power supply cost was low enough, was already 6 months ago... a lot of stupid people are going to buy them now, not considering that all the pro miners already upgraded their shit and have been doing all kinds of shennannigans to keep their loans above water for the last year, thus all the ordinals and other spam attacks that have hit the bitcoin network i also made this mistake in the previous cycle, buying into mining just prior to the blow-off peak and i ended up losing money, in total, back in 2017, i'd liquidated my rigs by january 2018 it will be the same for anyone buying rigs now, they won't make nearly as much money as they expect, if any at all, the big boys are already preparing extra capacity and will throw it on the network as the next bull run starts properly, and everyone else will see their yield drop dramatically versus their power cost
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