Post
Topic
Board Bitcoin Discussion
Re: Full Node Poll
by
btc-room101
on 26/04/2021, 02:09:12 UTC
I recently read that there are over 100k active full nodes, which is great, but more the more the merrier right?

I ran Bitcoin Core around 2018 for fun and to play around with the json-rpc api, but turned it off a bit later because of the storage requirements. A couple days ago I found an old hard drive lying around so I hooked it up to my desktop and I'm running a full node again! No plans to turn it off, since I'm going to be upgrading my computer and I have enough btc to feel like I should participate in the network.

If your a BTC hacker, then its essential to run your own full -tindex block-chain, so that nobody can see what your doing.

But really what we need is low-cost, low-energy miners, to widely disperse the 'consensus'; The current high-power usage of ASIC in China is what is causing fee's to skyrocket.

There must be diversification of 'mining', can't have it all in CHINA. Trouble is CHINA also makes all the Mining HW,

Even the better alt-coins have given up fighting the GPU wars, and have just let bitmain sell equi-miners, and eth-miners; There used to be a real drive to keep the MINING on the CPU, so that everybody could mine & host a node, but now while you point out there are 100k dispersed nodes worldwide, all mining is done is CHina, or the majority, and all user the Chinese HW, which all calls home to china;

Real problem for future of BTC, but given that CHINA owns alll the media conduits, and exchanges, and pools; Nobody can seriously do anything except remain silent.