Bitcoin Mining

@bitcoinmining

The source to learn about Bitcoin mining, operating a bitcoin miner or building your own Bitcoin mine.

Bitcoin Mining
@bitcoinmining
Aug 15
Every ASIC ever built does exactly one thing: hash SHA256 faster than the last generation. No pivoting to spreadsheets, no dual-use excuse. That obsessive specialization is why the network can't be bluffed.
Bitcoin Mining
@bitcoinmining
Aug 13
Spend 10 billion dollars building enough hardware to attack Bitcoin and you'd earn more just... mining honestly. The attack economics are a trap door with no exit.
Bitcoin Mining
@bitcoinmining
Aug 11
Kazakhstan throttled miner power during a crisis. Miners just packed containers onto trucks and set up in Texas weeks later. Try throttling a network with no address.
Bitcoin Mining
@bitcoinmining
Aug 9
China banned mining in 2021. Hash rate crashed 50 percent, then hit new all time highs within a year. You cannot outlaw math that pays for itself.
Bitcoin Mining
@bitcoinmining
Jul 27
Kazakhstan offered cheap power to fleeing Chinese miners in 2021. Within months the government throttled their electricity grid too. Miners packed up again. Sovereignty means owning the plug, not renting it.