In regards to the general sentiment that Bitaxes are doing jack shit to secure the network, this misses the point. The nominal hashrate is low, the cost per terahash is high, overall these are obviously prohibitive to scaling and competition so pointing these things out without further thought is shallow IMO. The important breakthrough Bitaxe brought was that it was the first open-source Bitcoin mining hardware. The Bitaxe was the first step in severing reliance on Bitmain hardware. In the coming weeks you will see a Bitaxe released using the Intel BZM2 chip, after that the Auradine chip, and eventually the Block chip. In addition to these Bitaxes, by May we will be releasing a validated ~100 Watt hashboard called Ember One. Again, the first one has the Bitmain chips because we had to start with something but soon there after will be Intel, Auradine, & Block designs. So we started with a single chip in the Bitaxe, the Ember One has 12 chips, the next miners will have more and this will continue until there is an open-source alternative to Bitmain miners that actually does compete in cost per terahash and nominal hashrate and there will be multiple chip versions to choose from. That is why the Bitaxe was important. - @econoalchemist

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I'm glad to hear they intend to scale to be comparable to higher hash centralizing solutions. Main reason I've been avoided them because I was concerned it was some weird grift but as I read more about them the project seems more valid.
This is a great take. I also like Bitaxe for these reasons:
Reed's avatar Reed
I don't totally disagree, but I think they are a cool learning device given that basically no one can be a competitive Bitcoin miner without access to cheap electricity, top of the line ASICs and the ability to maintain them for at least 4 years. They are approximately the price of a hardware wallet, are easy to setup and gives individuals some better hands on knowledge about what it actually means to be a sovereign Bitcoin miner.
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I have not the space, nor the grid to install a big miner. But bitaxe gave me the opportunity to give a bit of hash. Let’s bring descentralization to professionals but also to individuals.
I think of Bitaxes kind of like a gateway drug. I got a few just to play around with, but it immediately got me thinking about ways I can contribute to mining decentralization and looking forward to future models. They’re great little pieces of hardware.
The knowledge and experience being built here is invaluable! Cypherpunks write code, cypherpunks build stuff! Forza!
And if it becomes normalized for these things to be running in everyone’s homes 🏡…. It will make a huge difference It rather plebs win blocks than the giant mega companies This is a movement also 💟
Dan's avatar
Dan 0 years ago
4th pillar. Nostr only shitposting and zapping
R's avatar
R 0 years ago
Do it!