damn, i didn’t know how bad the bitcoin mining situation has become...

Wow!! Isa!!! So impressive, great work

Thanks brother 🙌🙌🙌

This is why the Home Mining movement is so important Thankfully @jack and @protomining are also working on solutions to the ASIC bottleneck and control.

@jack @protomining 100000%%%

Well done! It's probably the best video of its kind that I've ever watched. And, it's timely.

Wow thank you!!!

Great job on this video Isa! Wait until you find out Bitcoin Core is using stolen patented technology incorrectly, to add layers of centralization and costs, slipping in middlemen instead of removing them. Dawn of DeFi article: Bitcoin is patented 👇

Check out the Blockstream Jade Plus and get 10% off here :

Produced by @getbasedtv for @BTCisla

@skot9000 and @osmu_global have built something really special. Thia is an awesome video.

@skot9000 @osmu_global i know... its time to decentralize mining

if we support Open Source development and home mining - this isnt a problem. Power to the pleb miners at home!

100% lets bring mining back home

@My2Sats_ I thought Avalon is open sourcing their home miners. Which is what we want as homeminers....full control and transparancy👌

@isabellasg3 They are open sourcing some of their firmware. Hardware still closed source. For true open source you need Bitaxe and Nerdaxe from reputable sellers and builders like @SoloSatoshi @skot9000 @Pmaxsd We will see what Canaan does next, hopefully they open source EVERYTHING soon.

support:

Thanks for dropping this 2016 knowledge bomb. 🤯

lol

The most informative video I've seen about bitcoin in years.

it was so much fun to research

Nice overview on the issues of ASIC mining and corporate centralization of hashpower. This is why RandomX exists, which is ASIC-resistant to help prevent the ASIC arms race from happening in the first place, making the best miner commodity or enthusiast hardware. (AMD Ryzen)

Great video isa 👏 You should also look into the huge ticking time bomb that is the woefully under-funded Bitcoin security budget, and how 3 of the top 5 pools are already supporting an additional block subsidy named $NAT to boost revenue. ✊

This is so good and accurate. I would add that investment firms, such as Blackrock, are buying large shares of mining companies (like Riot). Just like mining pool consolidation, the miners themselves face the same risks.

We need now need a part 2

Consider asic resistance, like random x.

Thank you for posting this. I’m sharing it with everyone

Thank you 🙌🙌🙌

100% on spot vid

WOW! That was an absolute masterclass in mining! Great job! I feel like I just earned a PhD! 🔥

Thank you Larry!!!!

@protomining

@protomining MVP!!

Hi Isa! I suggest you take a look into Kaspa if you haven’t! A fair launched, capped supply, decentralized, secured, but SCALABLE ON L1 Bitcoin. It also has secondary utility as a Standard of Settlement with smart contracts and vProgs. Satoshi’s true vision in action 😉

Wait so what do we do about the ASICS coming from china? Does that mean they could press a button and shut American miners down? Will never understand why chips come from Taiwan when china actively wants to invade.

Yeah, it’s nuts!

$NAT anymore! Bitcoin has a second subsidy produce on its blocks specifically for the purpose you describe! @isabellasg3 @natgmi

Awesome video. You could start a discussion about the situation at Bitcoin Historico. 💖

I love it

Bitcoin created by the national security agency

Good video Isa!

Thank you 🙌🙌🙌

KAS fixes this

Kaspa fixed this, think kaspa

Excellent video. They are always top-notch on production and information. Keep up the great work.

Yeah @FutureBit cameo 😉

Look into $NAT @natgmi It's a token rewarding miners additional revenue to sustain independent miners and keep them longer in the game.

Nice video but what she says and seems to shock many Bitcoiners is what $KAS community says since beginning. But late is better than never. We need solo mining to be operationally and financially accessible if we want a truly and deeply satoshi inspired network. Yes, the red unknown part is effectively solo mining. You’re welcome 😉

Great video. Makes me want to sell btc and buy gold. Thanks for the insight.

this is a good one.

thank you!!

🤯🔥