Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
serveria.com
on 13/01/2022, 21:05:51 UTC

Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?
The Bitmain S19 has 110Th/s

On average if you solo mined with one Bitmain S19 (110TH) you would find a block about once every 30 years (assuming current difficulty stays constant, which it won’t )


Something strange has just happened:



This is a very unlikely event:



What is this?
Incredible luck?
Miners in this pools looking all like solo miners?
A marketing stunt from the pool operators trying to lure miners in their pools?

I guess it is this.
Funnily enough I thought miners being the most rational agents, not easily fooled.
We will see…


News like this can be turned into FUD to scare the noobs. I can almost see the headline: Breaking! Bitcoin Hacked! Hackers Found the Way to Trick the System! Grin