Hirom ( Hirom@beehaw.org ) to Technology · 2 years agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square72linkfedilinkarrow-up1186
arrow-up1186external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom ( Hirom@beehaw.org ) to Technology · 2 years agomessage-square72linkfedilink
minus-squareapotheotic (she/her) ( apotheotic@beehaw.org ) linkfedilinkEnglisharrow-up2·2 years agoYeah, so you end up with a fraction of a fraction of the work time going to actually doing the block chain transaction, and the vast majority going into the artificial difficulty
minus-squarelime! ( lime@feddit.nu ) linkfedilinkEnglisharrow-up1·2 years agoyup, running a global network on top of something designed to be slow seems… inadvisable.
Yeah, so you end up with a fraction of a fraction of the work time going to actually doing the block chain transaction, and the vast majority going into the artificial difficulty
yup, running a global network on top of something designed to be slow seems… inadvisable.