Hi @philipma1957 ,
miners do secure blockchains,
it does not matter what device is used.
The value of a coin does not come out of "how" it is mined.
Use case and adoption gives value.
PanneKopp
miners do secure blockchains,
it does not matter what device is used.
The value of a coin does not come out of "how" it is mined.
Use case and adoption gives value.
PanneKoppYou are missing the point, he is not talking about value of a coin. He is talking about keeping gpu mining alive, and yes miners secure the blockchain but not when asic mining is a mainly centralized venture. Gpu miners allow for easy entry for people to mine crypto.
Yes and what most people do not realize is every home in the world should have a good pc with a good card.
I still propose this and gpu mining becomes a slightly more complex rebate for your machine/pc.
This makes adoption worldwide
below is a 1750 usd pc if it earns 4 dollars a day
1 year later it earned 1460
pretty good rebate and many can go this route we need this it is important
Dear Phil,
if you propagate the idea,
that mining has to come back to the roots,
the way that users mine on their node the coins that they use,
then I totally agree with you !
If it is about mining as a business, the ones with lowest energy costs will stand longest (not here).
PanneKoppP.S. miners do not deliver adoption