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BTC Mining Pool BTC.com Suffers $3m Hack
SUI-3183372
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Dec 28, 2022 11:21 AM
(Dec 28, 2022 11:06 AM)shreder Wrote:  I've never been proven wrong. Anyone can prove the BTC block they mined? I don't think so.

Solo mined or contributed to? Cuz I have 20 ASICs running with ViaBTC. Could pretty easily get this info for you after work.
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Dec 28, 2022 11:39 AM (This post was last modified: Dec 28, 2022 12:01 PM by shreder.)
(Dec 28, 2022 11:21 AM)SUI-3183372 Wrote:  Solo mined or contributed to? Cuz I have 20 ASICs running with ViaBTC. Could pretty easily get this info for you after work.

Solo mined.

Anyways we already spoke about this you colocate your machines.
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Dec 28, 2022 12:05 PM (This post was last modified: Dec 28, 2022 12:06 PM by SUI-3183372.)
Just so people reading this get the full picture....

1. Solo mining is hard, you're not going to have a good time without millions of dollars worth of hardware (I assume this based on having access to about $200k worth of hardware). Pools, while centralizing power, give the little guy a chance.

2. Too much centralization of power in mining pools is bad, but since much of this power comes from many individual entities contributing to these pools... (go to 3)

3. The bitcoin community can respond to elevated-centralization and/or attacks immediately, more or less instantly redistributing the power elsewhere to avoid precarious scenarios (we've seen this demonstrated before), or thwart attacks.
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Dec 28, 2022 12:34 PM
(Dec 28, 2022 10:54 AM)vvvvvvvvvb Wrote:  How do you people still have the patience to engage with this guy

I recently had to add him to my ignore list. His posts are just nonsense now. He's not even pro-Ethereum, just anti-Bitcoin. Like people who voted for Biden because well, he ain't Trump. Being against Bitcoin is incredibly dumb. You can fanboy alts all you want, but to talk shit about the King, that's ridiculous.
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Dec 28, 2022 01:05 PM
(Dec 28, 2022 11:06 AM)shreder Wrote:  I've never been proven wrong. Anyone can prove the BTC block they mined? I don't think so.

There is nothing stopping anyone from solo mining bitcoin. Solo mining functionality is built into Bitcoin Core/bitcoind.

https://developer.bitcoin.org/devguide/mining.html
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Dec 28, 2022 01:08 PM
(Dec 28, 2022 01:05 PM)XMR Wrote:  There is nothing stopping anyone from solo mining bitcoin. Solo mining functionality is built into Bitcoin Core/bitcoind.

https://developer.bitcoin.org/devguide/mining.html

Then go solo mine Bitcoin then.
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