this post was submitted on 27 Jul 2025
628 points (78.6% liked)
memes
16537 readers
2482 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No no. This is a highly specialised industry dominated by Bitmain. Unless you are using the latest hardware you are vastly overspending on mining costs.
There is almost zero chance. The only practical to get BTC using a normal computer is to buy it from someone else.
Anyone can verify the network, but a there is no opportunity to obtain BTC without interacting with a (harware) gatekeeper.
This will be my last reply to you because I already explained this very basic idea, so you are either an antagonist, trolling, or need to do some self-learning. I would recommend reading what I said again.
An alien can come to Earth and use its UFO compute to mine bitcoin if it wanted.
Someone in their garage could come up with a vastly superior way to compute hashes and mine bitcoin.
Large mining farms could be banned and made illegal and smaller operations can instantly become profitable again.
The list goes on, and on, and on, and on...
Not if it wants to win a block reward in any reasonable length of time.
First of all it would have to set up manufacturing to produce 7nm asic chips generating the SHA-256 algorithm.
This just means your hypothetical Tony Stark gets richer. It doesn't help the aliens you invented earlier.
You still need human interaction to buy the necessary mining equipment.
Face it. Your idealistic objections to PoS apply equally (if not more so) to Bitcoin.