I worry about mining pool centralization. The mining industry has grown to an almost incomprehensible scale, and I don't have a perfect solution for this issue. However, I know for sure that education is essential for any solution. The BitAxe is the perfect device for that purpose. It looks cool, is affordable, and is a 'real' miner. When people plug in their BitAxe, they immediately understand how tiny their share of the network is. That's why I decided to sell the BitAxe to my community. It's not about making a profit (given the volatility, I barely break even), but about giving people the chance to learn about mining. We sold 355 BitAxes in a week. Next, we're setting up our own mining pool. The ultimate goal is to mine a block, but the chances are negligible, even with 355 BitAxes. Anyway, it's a very fun project. I'll keep you posted. image

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The #bitaxe craze is amazing. Make the mining fun again.
Bart Mol's avatar Bart Mol
I worry about mining pool centralization. The mining industry has grown to an almost incomprehensible scale, and I don't have a perfect solution for this issue. However, I know for sure that education is essential for any solution. The BitAxe is the perfect device for that purpose. It looks cool, is affordable, and is a 'real' miner. When people plug in their BitAxe, they immediately understand how tiny their share of the network is. That's why I decided to sell the BitAxe to my community. It's not about making a profit (given the volatility, I barely break even), but about giving people the chance to learn about mining. We sold 355 BitAxes in a week. Next, we're setting up our own mining pool. The ultimate goal is to mine a block, but the chances are negligible, even with 355 BitAxes. Anyway, it's a very fun project. I'll keep you posted. image
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Eventually some of those who got one may want more or even bigger professional miners..
That’s a pretty badass achievement 👊🏻 starting with 350+ BitAxea seems to be a solid start
I agree that centralization is a risk. I’m all for mining…just keep getting shit down by the Mrs. 😕 Here’s what I’d love help with. How to use Bitaxe (or other hobby miner) via solar power. I live in Florida so I could put it on a poll or other movable small solar setup… But honestly not sure where go start with “learning solar to power a miner” type thing. And as a former IT Director I know there is “dirty power” sources and not sure if solar fits that and needs a filter etc And of course would be ideal to have a battery that the bitaxe runs from, and the solar charges the battery Sort of like a “miner in a backpack” type setup. I could travel with it etc