For retail miners denominating your ASIC purchase and cash flow in btc terms is a much easier way to determine your payback period and whether or not you should just buy bitcoin or mine it.
THIS IS TRUE DECENTRALIZATION
Pleb mining pic thread.
I hear ppl say home mining is dead, but then I see pics like these. I love how innovative our mining community is even during hash at ATH the stacking sats game is strong! 💪
#Bitcoin#blockchain#BTC
@MattBraynard Uninformed and emotional. Bitcoin mining has become too competitive for graphics cards. Today, custom made ASIC computers are designed to preform hashing.
Free individuals and entrepreneurs subjectively value bitcoin and expend time, resources, and electricity to mine bitcoin.
Cryptocurrency VS Token:
1) Cryptocurrency are based on public blockchain.
2)Tokens are generated by smart contracts, while cryptocurrencies are generated by consensus algorithms.
3) Tokens are created for a specific application, while cryptocurrencies is as reward for miner.