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2025-03-29 18:31:32

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.
Author Public Key
npub19ruflfu5uz5svx70z2dt7jf0lv0rxhtfeymryqf5mzy502sk20ysv0r9t6