Mechanic banned from r/Bitcoin for referring to bip110 miner signaling.
The very same people framing individual node operator policy as censorship, are fully censoring any mention of bip110.
That signals two things: hypocrisy and weakness
Another one bites the dust.
Cantor, Lutnick, & the financial-industrial complex are wrapping as many Bitcoiners as possible into collateralized debt obligations for the financial-industrial complex.
✅ Jack Mallers
✅ Adam Back
✅ David Bailey
☑️ Next…?
I have a slightly nuanced view of this. I think bitcoin mining is not designed to be *that* profitable in terms of cash flow.
Miners that HODL will be victorious.
If this fact upsets you the rational thing to do is to act to reduce your uneasiness: by engaging in mining yourself at the expense level that you feel comfortable.
No amount of transaction fees can make Bitcoin mining profitable because the difficulty adjustment slashes mining income every time it moves up.
Worrying about miner's profitability is a bcashism, like worrying that small blocks won't be able to soak all the world's commerce.