Post
Topic
Board Development & Technical Discussion
Re: Anyone whose own some fair amount of bitcoins should also own a mining machine
by
audaciousbeing
on 11/01/2018, 20:20:14 UTC
Considering the big threat of decentralization of bitcoin blockchain.  Doesn't it make a lot of sense for people whose a fair amount of bitcoin should at least operate one bitcoin miner machine ?  Considering the high fee and transactions unconfirmed...I am so sick of it and on the verge of pulling the trigger in purchasing one bitcoin miner for my home residence.  I'm not talking about running it for profit or as a business...I'll be happy to break even and accumulate some bitcoin to HODL !! Don't we want to take control of our bitcoin investment and its future ? We wouldn't have the high fee stuck on the blockchain of unconfirmed transactions.

Imagine million of bitcoin owner now could operate our own miner and have a stake in determining the bitcoin/ blockchain  future ?? People are complaining about the problem that bitcoin facing but yet they wouldn't lift their finger to do anything...

Can somebody here, whose running their single miner in their own private home - please share us the detail and how you are making it !!

Anybody whose own 10 or more bitcoins should buy one miner machine - what do you think ?

I completely agree with you that until we start helping ourselves the better for us and for bitcoin also. Today we blame the miners for being greedy or even dumping bitcoin for other profitable coins in their own opinion, again we have read about the proposed crack down of bitcoin mining from China which will mean a lot of doom if that should happen. In some part of the world, people don't want for government to provide basic things for them. They have gardens at the back of their houses to plant fruits, there is borehole to provide water, there are community schools etc.

The moment we can all have a miner even a solo one that I can confirm my transaction, we have less issue to higher about as it relates to bitcoin.