RenderBitcoin on Nostr: It wasn’t until after a few conversations did I realize that a weighted average ...
It wasn’t until after a few conversations did I realize that a weighted average $/MWh #bitcoin mining model was a terrible idea. I was genuinely close to building it out. 😅🤦🏻♂️
If I did that then the less efficient miners would be mining unprofitably and the more efficient miners would be mining under their potential. Just had to come on here and humble myself in front of the #plebchain
Published at
2024-07-04 12:58:27Event JSON
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"content": "It wasn’t until after a few conversations did I realize that a weighted average $/MWh #bitcoin mining model was a terrible idea. I was genuinely close to building it out. 😅🤦🏻♂️\n\nIf I did that then the less efficient miners would be mining unprofitably and the more efficient miners would be mining under their potential. Just had to come on here and humble myself in front of the #plebchain",
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