[shreder]

LOL this is literally hilarious as I warn users to GTFO out of Bitcoin ecosystem. You hate me because I speak the truth.

The mining pool will likely blacklist the hacker's tx's from its blocks in an attempt to slow them down.

[shreder]

How is this Bitcoin's fault?

Bitcoiners have no choice of solo mining, forced to hand over their hash power to centralized third parties who end up getting hacked. Bitcoin is inherently flawed due to PoW. Get FUCKED.

[shreder]

You do have the choice of mining solo, mining pools weren't even invented until the end of 2010. Mining solo produces the same hashrate as mining with a pool.

Go ahead and mine solo then. Oh wait you can't. Bitcoin ecosystem is fucked with these hacks as it's plagued with centralized third-parties who control every aspect of its ecosystem.

[shreder]

If you can't solo mine, explain were people doing prior to 2010 when Slush invented pooling.

Post a block that you solo mined with in the last 7 days sign a message. Oh wait you can't. In 2010 it was decentralized now it's controlled by conglomerates.

I laugh at the idiot miners who just lost their money.

[shreder]

I don't currently mine. Do you currently stake?

You don't mine why?

[shreder]

I don't mine because I have natural gas heat which is cheap, and my dryer socket is in the basement, which stays unheated.

Anyways, why don't you go ahead and post a block that you solo staked in the last 7 days and sign a message.

You don't mine because you cannot.

Even if you did mine, you would have had your funds hacked from the mining pool.

[XMR]

LOL this is literally hilarious as I warn users to GTFO out of Bitcoin ecosystem. You hate me because I speak the truth.

The mining pool will likely blacklist the hacker's tx's from its blocks in an attempt to slow them down.

This is like saying the US dollar is weak or insecure because a bank got robbed.

Bitcoiners have no choice of solo mining, forced to hand over their hash power to centralized third parties who end up getting hacked. Bitcoin is inherently flawed due to PoW.

No one is forced to mine on a pool. You can solo mine as much as you want; the expected returns are equal (not accounting for pool fees). The only difference is that with solo mining, you receive the entire block reward at once after a longer time, as opposed to receiving smaller and more frequent payouts when mining on a pool.

You don't mine because you cannot.

Everyone has the ability to mine. You can even calculate SHA256 hashes (and therefore mine bitcoin) with a pencil and paper: https://gizmodo.com/mining-bitcoin-with-...1640353309

Granted that approach isn't practical let alone profitable but that isn't what you're arguing.

[shreder]

This is like saying the US dollar is weak or insecure because a bank got robbed.


Granted that approach isn't practical let alone profitable but that isn't what you're arguing.

That is exactly what I would say.

That is what I am pointing to. You cannot solo mine as it is not practical or profitable.

[shreder]

Your profitability is the same solo mining as it is pool mining. Your machine hashes at exactly the same rate.

Explain then

Granted that approach isn't practical let alone profitable but that isn't what you're arguing.

[shreder]

Yes, XMR also confirmed that solo mining has equal profitability to pool mining:

He said it wasn't practical or profitable what do you have to say about that?

[XMR]

He said it wasn't practical or profitable what do you have to say about that?

I said mining with a pencil and paper wasn't practical or profitable. Solo mining can be profitable depending on the size of your operation, electricity costs, etc.

[Marvelous]

You do have the choice of mining solo, mining pools weren't even invented until the end of 2010. Mining solo produces the same hashrate as mining with a pool.

You also do have the choice to build a house all by yourself, but it isn’t logical and would take forever.

At this point mining isn’t profitable. You are either going to lose all your money solo mining, or lose a little by joining a mining pool.

Mining pool centralization is a huge threat.

[Maskin]

China: Mining is banned in China.

Chinese authorities: Let’s help this chinese mining pool operation and investigate this hack.

[shreder]

China: Mining is banned in China.

Chinese authorities: Let’s help this chinese mining pool operation and investigate this hack.

You are on to something my boy. Perhaps the Chinese mining pool is government endorsed.

[Marvelous]

If mining wasn't profitable, why would anyone do it?

How much do you make mining?