Hirom@beehaw.org to Technology@beehaw.org · 28 days agoBitcoin mining is no longer profitablewww.pcworld.comexternal-linkmessage-square73fedilinkarrow-up1185
arrow-up1185external-linkBitcoin mining is no longer profitablewww.pcworld.comHirom@beehaw.org to Technology@beehaw.org · 28 days agomessage-square73fedilink
minus-squareapotheotic (she/her)@beehaw.orglinkfedilinkEnglisharrow-up2·28 days 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-227 days 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.