kevinminer

In some places, living conditions for miners can be great. Like in Russia, you can set up your own power without too many issues, unlike in crowded cities where you’re limited.

That’s just about price though. What about freedom? If mining is all centralized, what’s the point? We could end up with banks controlling Bitcoin, which is the opposite of what we wanted.

Governments aren’t running mining farms in China or the US. It’s all private or public companies competing in the market.

You’re proving my point while trying to argue. A 20 kW miner isn't a home appliance seriously! Even a smaller 3 kW is like running a couple of AC units. This isn't feasible for most people.

Thanks for the math, but don’t forget the geopolitical factors. Hashrate isn’t just numbers; it’s tied to countries with energy advantages, like Asia's solar farms versus US regulations.

I see your point about scale, but that raises some political concerns. Pushing hardware to 4kW-5kW and requiring liquid cooling is forcing this industrial shift. It’s not just about access anymore; it’s about making…

Just wanted to share my thoughts on ASICs. I've been observing them for a few years and it's clear that Bitcoin mining is heading towards forced gentrification. It's less about tech advancement and more about creating…