Hirom@beehaw.org to Technology@beehaw.org · 2 days agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square64linkfedilinkarrow-up1169arrow-down10
arrow-up1169arrow-down1external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom@beehaw.org to Technology@beehaw.org · 2 days agomessage-square64linkfedilink
minus-squareapotheotic (she/her)@beehaw.orglinkfedilinkEnglisharrow-up2·1 day 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!@feddit.nulinkfedilinkEnglisharrow-up1·edit-21 day 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.