Hirom ( @Hirom@beehaw.org ) to Technology · 7 months agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square72linkfedilinkarrow-up1186
arrow-up1186external-linkBitcoin mining is no longer profitablewww.pcworld.com Hirom ( @Hirom@beehaw.org ) to Technology · 7 months agomessage-square72linkfedilink
minus-square apotheotic (she/her) ( @apotheotic@beehaw.org ) linkfedilinkEnglisharrow-up2·7 months 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-square lime! ( @lime@feddit.nu ) linkfedilinkEnglisharrow-up1·7 months 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.