MAHDOOD on Nostr: Play this out to its logical conclusion. You release this to the public and then the ...
Play this out to its logical conclusion. You release this to the public and then the people with older and ordinary CPUs become obsolete. Eventually a similar company to bitmain makes even more specialized and efficient miners for monero. Maybe it’ll be called moneromain whatever. Now you can’t profitably mine with your CPU and it becomes more centralized over time as new publicly traded companies start building mining farms. So how does monero solve this problem? The only reason it isn’t a problem currently for monero is because barely anyone uses it.
Published at
2024-05-19 20:31:35Event JSON
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"content": "Play this out to its logical conclusion. You release this to the public and then the people with older and ordinary CPUs become obsolete. Eventually a similar company to bitmain makes even more specialized and efficient miners for monero. Maybe it’ll be called moneromain whatever. Now you can’t profitably mine with your CPU and it becomes more centralized over time as new publicly traded companies start building mining farms. So how does monero solve this problem? The only reason it isn’t a problem currently for monero is because barely anyone uses it.",
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