@kkarhan @scotty86 I promote #Monero and I promote better protocols like RandomX. #Bitcoin should switch to it, IMO. Promoting solutions like #StratumV2 and RandomX is a solution. Asking the government to decide what kinds of computers are and are not allowed is asking for trouble.

Stratum V2: Migration and Decentralization

https://insights.deribit.com/market-research/stratum-v2-migration-and-decentralization

"Stratum V2 limits the threat posed by out-of-band payments in the same way it fights centralization: by enabling job negotiation and allowing miners to order transactions themselves."

"While Stratum V2 faces significant hurdles to adoption, its success would be good for Bitcoin."

#Bitcoin  #Mining #BitcoinMining #Miner #BitcoinMiner #MiningPool #StratumV2 #Decentralization #Braiins #CoinMetrics #SlushPool #Deribit

Stratum V2: Migration and Decentralization - Deribit Insights

Specialized tooling is an underappreciated but critical component of the Bitcoin ecosystem.

Deribit Insights

RT slush_pool:

1/ Bitcoin mining update⛏️

Just 9 months ago, miners could buy 1000 Antminer S9s for about $30k total.

Today, 1000 S9s would be making $3300 DAILY PROFIT with $0.06/kWh electricity.

That's ~$100k/month.

https://twitter.com/slush_pool/status/1361696934621233154

#Bitcoin  #Mining #BitcoinMining #Miner #BitcoinMiner #Pool #MiningPool #Hashrate #Efficiency #Profitability #StratumV2 #Stratum #Antminer #S9 #Slush #SlushPool #Braiins @braiins

Slush Pool | by Braiins on Twitter

“1/ Bitcoin mining update⛏️ Just 9 months ago, miners could buy 1000 Antminer S9s for about $30k total. Today, 1000 S9s would be making $3300 DAILY PROFIT with $0.06/kWh electricity. That's ~$100k/month.”

Twitter

"Stratum V2 allows individual miners within a mining pool to choose their own blocks to mine rather than having to mine the one a pool proposes for them."

Stratum V2 Promises To Further Decentralize Bitcoin

https://www.forbes.com/sites/rogerhuang/2021/01/25/stratum-v2-promises-to-further-decentralize-bitcoin

#Bitcoin  #StratumV2 #Stratum #Mining #BitcoinMining #Pool #MiningPool #Censor #Decentralize #Decentralization #BetterHash #Braiins #Hashing #SHA256 #Hash #China #RogerHuang #ForbesCrypto

Stratum V2 Promises To Further Decentralize Bitcoin

Stratum V2 is an upgrade to the bitcoin mining stack that aims to help miners as small as hobbyists with a few bits of ASIC mining equipment to have a more flexible and censorship-resistant route to communicating with mining pools.