Late gm nostr 👋

Gm nostr Here's an April Fool for you What if Bitcoin mining was meant to be centralized, if all the rational thinking and default incentives led to a world of endless competition, with hashprice racing to the bottom, with less and less bitcoin available via subsidy every 4 years ... And it was only irrational mining - Bitaxes and Block parties - that led to decentralization..

gm nostr happy monday

Pop up auction just added https://upendo.rigly.io Opening bid just 100 sats Place your bid and join our next #bitcoin mining block party on 4/5 First 3 reposts get fat zaps

Friday night thoughts.. The creation of Bitcoin was a digital potlatch.

Gm nostr 👋 Shout out to Upendo Block Party crew! ⛏️ The image didn't finish rendering, and it messed up names, but I see you @QW @MAKE SONGS LONGER @Man Like Kweks @Rigly

Gm nostr 👋 21 more block party auctions added ⛏️ Bidding for hashrate starts at 100 sats Me and Team @Rigly are trying to mine a block on Saturday. Party is up to 66 PH/s so far https://upendo.rigly.io

Will you join our next #bitcoin mining block party? We mined with > 30 PH/s last Saturday How much will we mine with this time? https://upendo.rigly.io

Good morning nostr 👋

The arms race aspect of #bitcoin mining: a bug or a feature? The more miners compete with each other, the more network difficulty goes up and the less they make. If miners could cooperate at scale, they would all benefit from lower network difficulty. But this is a hard problem! Does bitcoin solve cooperation at scale?