We don't know what we don't know.
What better way to force that issue than signaling an arms race?
The time to build out the sovereign stack is now.
Slowly but surely, the software and hardware infrastructure that will be necessary to bring bitcoin to the masses is being built out.
There is no escape without their permission.
Hard lessons are learned in this new Wild West. It is truly something to marvel at.
Longer ASIC lifecycles have had an interesting effect on the security of Bitcoin.
This piece is a tour de force that displays his understanding of every nook and cranny of the industry.
As we approach Bitcoin's third block subsidy halving, it is incredible to take a step back, scan the horizon, and review all of the incredible things that have been built.
Are the more efficient miners getting to market quick enough?
Why do individuals decide to put in the effort to acquire hardware to mine bitcoin?
Everything is all well and good until Amazon is forced to stop running code associated with any GitHub repository holding code that makes cryptocurrencies operational.
History can teach us a lot about what we're experiencing today. The adage rings true, history doesn't repeat itself, but it certainly rhymes
Is it possible the future of Bitcoin is built on DIY hardware as people become more comfortable with piecemealing their own hardware together, giving them the ability to personalize and better disguise their devices?
This is why the difficulty adjustment is so vital to Bitcoin as an incentive system with built-in checks and balances. Without it, Bitcoin's distribution schedule would be unpredictable.
These are the teams you freaks should be focusing on, not the teams trying to bamboozle you with token scams that market themselves as "the next Bitcoin". Those projects are pure noise IMO.
Imagine a future in which people in cold climates do not have to pay to heat their homes anymore and instead MAKE money from the process as their heaters double as Bitcoin miners connected to a pool receiving payouts to pay energy bills and stash away some profits.
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