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IF it were insanely expensive, nobody would mine. That you don't value the results, doesn't change the economic value of the activity you don't like.
by rothbardrand 9y ago
IF it were insanely expensive, nobody would mine. That you don't value the results, doesn't change the economic value of the activity you don't like.
- prostoalex 9y agoA few years back anybody with a decent home PC could mine BTC, nowadays the barrier for entry pretty much requires a truckload of Nvidia products (or customized ASICs) and subsidized electricity. Fast forward a few years ahead. Do you see more or fewer miners participating in such ecosystem? PoW as it’s currently implemented encourages centralization.