-e whats the point there should be compensation to cover the costs of mining the fee structure should be raised so what if the fee is 1 cent thats still better than paying 30% on bank fees
i can't even mine at home anymore well i can but i would be at a net loss whats the incentive???
well years ago it was worth it but as mining becomes industrial even the industrials will lose the incentive at least let the [Suspicious link removed]pensate for 50% electricity costs something needs to be done i want to mine again with my dusty s1
satoshi really fucked up on the fee structure he should of calculated it to scale with electricity costs bitcoin will be doomed otherwise... no miners... no security... no transaction process
You would need to get new gear. You cannot expect generations old gear to work today in normal situation. You cant unplug a miner for a long period then want to mine it again.
Sell the S1 to someone with free or cheap electricity. There is no way with regular electricity it makes sense to run a S1.