evanbaer on Nostr: Gm nostr Here's an April Fool for you What if Bitcoin mining was meant to be ...
Gm nostr
Here's an April Fool for you
What if Bitcoin mining was meant to be centralized, if all the rational thinking and default incentives led to a world of endless competition, with hashprice racing to the bottom, with less and less bitcoin available via subsidy every 4 years ...
And it was only irrational mining - Bitaxes and Block parties - that led to decentralization..
Published at
2025-04-01 12:51:34Event JSON
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"content": "Gm nostr\n\nHere's an April Fool for you\n\nWhat if Bitcoin mining was meant to be centralized, if all the rational thinking and default incentives led to a world of endless competition, with hashprice racing to the bottom, with less and less bitcoin available via subsidy every 4 years ...\n\nAnd it was only irrational mining - Bitaxes and Block parties - that led to decentralization..",
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