hexypto on Nostr: Hyper-decentralization in the #Bitcoin⚡network and the potential collapse of ...
Hyper-decentralization in the #Bitcoin⚡network and the potential collapse of publicly listed Bitcoin miners ?
1. Bitcoin Mining Fundamentals : Bitcoin mining is a game of efficiency and energy availability.
2. Hyper-Decentralization : Hyper-decentralization will occur when Bitcoin mining chips are in almost every home.
3. Efficiency is Key : Newer, more efficient chips allow miners to earn more Bitcoin.
4. Heat as a Subsidy : Older machines become valuable for producing heat, subsidizing energy costs.
5. Impact on Public Miners : Increased compute power in homes could collapse public miners' profit margins.
6. Decentralized Heating Systems : This could lead to decentralized heating systems powered by Bitcoin mining.
7. Potential Future : A future with millions of homes producing compute power could significantly increase the network's hash rate.
Published at
2025-03-29 18:31:32Event JSON
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"content": "Hyper-decentralization in the #Bitcoin⚡network and the potential collapse of publicly listed Bitcoin miners ? \n\n1. Bitcoin Mining Fundamentals : Bitcoin mining is a game of efficiency and energy availability. \n\n2. Hyper-Decentralization : Hyper-decentralization will occur when Bitcoin mining chips are in almost every home.\n\n3. Efficiency is Key : Newer, more efficient chips allow miners to earn more Bitcoin. \n\n4. Heat as a Subsidy : Older machines become valuable for producing heat, subsidizing energy costs. \n\n5. Impact on Public Miners : Increased compute power in homes could collapse public miners' profit margins. \n \n6. Decentralized Heating Systems : This could lead to decentralized heating systems powered by Bitcoin mining.\n\n7. Potential Future : A future with millions of homes producing compute power could significantly increase the network's hash rate.\n",
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