Bitcoin Forum

Bitcoin => Mining => Topic started by: shanhaigamefi on July 16, 2024, 01:42:08 AM



Title: With the hash rate rising to 635 EH/s, have you stopped mining?
Post by: shanhaigamefi on July 16, 2024, 01:42:08 AM
A more alarming statistic is that just two mining pools, Foundry and Antpool, were responsible for mining 54% of all Bitcoin blocks in the past year.


Title: Re: With the hash rate rising to 635 EH/s, have you stopped mining?
Post by: NotFuzzyWarm on July 16, 2024, 02:15:15 AM
^ that is nothing new and hardly worth discussing anymore. The size of major farms does not even enter into the equation and has NOTHING to do with your topic...

As for mining - yes I still mine because for the most part, only 2 things should govern that:
Is it legal in your country?
Do you have cheap electric power?


Title: Re: With the hash rate rising to 635 EH/s, have you stopped mining?
Post by: FP91G on July 16, 2024, 07:28:36 PM
Have you noticed that quiet home miners for Bitcoin have not been produced for a long time?
This is because Bitcoin mining has long since become industrial, and a small home miner no longer has a big impact. If his energy tariff allows him to make a profit, then he will mine, if not, then he will turn off the ASICs.