Basically a deer with a human face. Despite probably being some sort of magical nature spirit, his interests are primarily in technology and politics and science fiction.

Spent many years on Reddit before joining the Threadiverse as well.

  • 0 Posts
  • 239 Comments
Joined 1 year ago
cake
Cake day: March 3rd, 2024

help-circle
  • No, I’m saying that Bitcoin’s designed so that there will always be some miners that are slightly unprofitable. It’s worth mining for most of the miners, but not the ones that are just over that edge. The edge automatically adjusts so that there will always be some that are just over it.

    If you want to interpret that as “Bitcoin is always unprofitable to mine”, then sure, you can interpret it that way. Profitability varies from mining operation to mining operation, though. Not everyone will be over that threshold, and even if by some strange sequence of events everyone was over it the difficulty would adjust downward soon enough.