PoX Screws Bitcoin, Adulterates Blockchain Software Technology

grarpamp grarpamp at gmail.com
Sat Nov 27 11:40:08 PST 2021


On 11/27/21, Uwe Cerron <uwecerron at gmail.com> wrote:
> Remind me again, how many mining pools make up the entire bitcoin
> ecosystem?

There are many block producers that are not part of any mining pool.

Given high fab cost of entry and preferential downstream channels,
ASIC hard would be better. But you can still coordinate to buy a
priority fab slot using a crowdfund non-profit doing #OpenHW spec
and sales model to randomly distribute the output under #OpenAudit.
Crypto users are their own fools and fault for not doing that, for relying
on effectively one premining company to supply them with hardware.
PoS models are much worse than even that foolish mistake, not
least because they require much less discoverable physical hardware
capital assets on ground, O&M, space, power, etc... ripe for attack by
monied interests and those who can print fiat into stake, among other
problems.


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