Cryptocurrency: Printing $10k ASIC's Is Fail
When your PoW is not ASIC-proof, and when only a few GigaCorps are permitted by a fully retarded user base to monopolize user-unbuyable $10k ASIC boxes through Cantillionaire effects... this is the foolish results you get... https://btc.com/stats/pool https://i.redd.it/cjo7n3l5q97a1.jpg PoS shitcoins like Ethereum are even worse. An entire thread was on PoS fail. Both can and will fuck your Freedom to Transact. Democratization of work puts the many over the few, while no guarantee, it becomes no longer a trivial game of priviledged regulated locateable orderable extortable influenceable known GovCorp thrones, but one of mass anon consensus. And if elements among the anon mass value Freedom to Transact, which even the most dunce among them will, so shall it be.
"Griid" possibly backed by "Adit Edtech" is currently one of only a few to potentially future offer user-priced commodity implementations of Intel's new Blockscale mining ASIC's, similar to the old hacked up USB Antminers. If no commoditized single sticks materialize at cost/TH, $10k ASIC's shall remains a fail. https://www.intel.com/content/www/us/en/products/docs/blockchain/custom-asic...
Stubborn / Ignorance often quite willful as to cost and efficiencies of mining are nature of masses, and an interesting element of successful L1's.
On Thu, 22 Dec 2022 00:44:53 -0500 grarpamp <grarpamp@gmail.com> wrote:
When your PoW is not ASIC-proof, and when only a few GigaCorps are permitted by a fully retarded user base to monopolize user-unbuyable $10k ASIC boxes through Cantillionaire effects... this is the foolish results you get...
lawl, the pentagon nazi is lying! This is so unexpected! bitcoin is centralized because your US jewnazi cesspool is the biggest monopoly on the planet. Everything is a pentagon controlled monopoly, so you have to be a braindead 'cypherpunk' to pretend to believe that your 'cryptocurrency' won't be centralized when everything around it is.
When your PoW is not ASIC-proof
you can choose between TSMC asics and btc or amd-intel-jewnaziware and monero. Yeah fully backdoored amd-intel-jewnaziware is such a great choice for a 'cypherpunk cryptocurrency'. And then, if mining using amd-intel-jewnaziware is 'profitable', the rothschilds will set up monopolistic 'mining farms' with 100,000 of machines. But hey your "PoW is ASIC-proof" !!!! see what your problem is grancrap? You're a infinitely evil. And infinitely stupid. whine some more about the russians not being a US jewnazi vassal state.
participants (2)
-
grarpamp -
punk