Have you heard of bitcoin mining segmentation?
It is a measure of the amount of electrical power that is used to remove Bitcoin/BTC.
For most Bitcoiners, this energy is cut by means of energy.
So mining is similar to a free energy student – finding new energy sources, besieging, and directing them to a profitable process.
It is sufficient to make renewed energy profitable without government subsidies.
finally.
But there can be more for the story.
Humans can use this energy during mining, not machines.
I want to give as possible as possible of the machine energy, and I return to humans.
Human computers return
I have heard that Tradfi correspondents say “Bitcoin consumes a lot of energy like the country X.”
Upon checking that country, whether it is the Netherlands or Argentina, it has millions of people.
This is actually great news.
This means, in the most efficient (and less corruption than human influence), Bitcoin mining can be employed millions of people! Perhaps as human computers work to divide.
It is virtual.
Of course, human computers are slow.
But let’s adhere to their numbers.
From this site, we see that.
time = difficulty * 2**32 / hashrate
If time = 600s (10 minutes), and difficulty = 1 (the lowest possible), the lowest permissible person = 7.2 million fragments per second.
Remember Ken Sherifer Blog?
Well, it is estimated that a person can do approximately 0.67 fragmentation per day if he does not retreat.
But we need at least 7.2 million fragmentation every 10 minutes!
Dang.
0.67 Divide/Day = 0.67 Divide/(24 * 6) = 0.004 Divide every 10 minutes per person.
The necessary number of employees = 7.2 million / 0.004 = 1.8 Quadrillion person.
Yes, Elon was right. It’s time to produce more children.
Obviously, the solution is to keep the machines on retail, but consent, in some way, to decrease the difficulty.
To agree as a group of bitcoin to bring more humanity to the bitcoin mining process.
Institute more confidence in the ecosystem.
Without communism.
So that the mining’s fragility can be reduced instead of height to ridiculous heights, such as icarus.
Otherwise, in a world of nearly zero, also known as Mad Max, your Bitcoin miners will be stolen.
Your knots and seed timing as well.
This world will be corrupt.
***
Bitcoin Maxis don’t think about reducing difficulty is good.
But in this speculative imagination, it’s good.
There are two ways to reduce the difficulty of bitcoin:
- Plebs and prohibit bitcoin mining in your country. Not good.
Freely give some strength to the local population who need the help of energy poverty. very good.
To focus more on 2, I heard how companies such as Gridless in Kenya have brought electricity to the surrounding villages, giving hope and excitement to the future to their people.
This is the way.
It is better than converting humans into craftsmanship.
Now you can decide without networks consuming all their electrical energy for themselves and their machines.
Literally, nothing was stopping them. But those additional dollars of this small additional attractiveness were not worth it.
Therefore, should more mining companies create a store in the poorest parts of the world? I got it. And they should do so like their ancestors. These good missionaries.
We need to print the bitcoin contract
The first time that white people came to Uganda, they wanted to find the source of the Nile River. Later, they published the Gospel of the Lord Jesus, and in some way they became colonizers in the end.
This happened a while ago, so Africa is no longer a dark continent.
All opportunities look very busy.
When the white missionaries came to Uganda, they brought us the gospels and finally left us to continue spreading the Bible alone.
But printing more copies of the Bible so that anyone can reach a dedicated work is an easy job, he discovered hundreds of years ago with Gothenburg Press.
Bitcoin printing for each individual is a more difficult work.
The biggest problem, of course, is just the extent to which the bitcoin contract is not accessible as a technique.
Around 2024, printing a copy of a book is something that can be done easily with devices called printers. Like money printers, book printers will one day be ancient technique for a world where all laws have been written in books. Including money laws.
Bitcoin varies because all the laws governed are completely included in its digital world.
Moreover, making a copy of them on books does not help. This is not how Bitcoin addresses its monetary policy. Bitcoin rules are not for us humans, strange as it may seem, but they are intended for bitcoin!
In books like Diamond Age by Neal Stephenson, giant funds can print things like bitcoin at a cheap price. But this is an imaginary world with impossible abundance in our reality.
For the things that print bitcoin in our world, they are called companies, and they absorb a lot of resources, and take months to process these materials through their industries with people calling corporate employees efficiently and effectively in directing the work of the factory employees who also direct robots, algorithms and machines of all kinds to complete the work.
In the end, the multiple identical nodes are somewhat printed.
But given how hard the process is, the profit margins are usually so narrow that the only way to make the idea is vibrant is to move to a domain.
This makes it more expensive to print copies of the contract.
What is worse, there is no religious enthusiasm to push the huge desire of man towards him. I don’t want anything. The only enthusiasm available is greed, but no one will risk his skin for bitcoin. Not yet.
Thus, the incentives are very small and the poor local population should suffer from a knot. Because they want a free lunch, but this is an expensive first -class golden lunch. How can it be free?
What to do?
Work hard and calm the contract for them.
This is the highest form of volunteering ever.
***
2140
About 2140,
There will be no more mining bonuses.
Another SAT will be extracted.
It will decrease.
Many mines will fill their bags and return home. Leave thousands on thousands of ASICS on huge mining farms, for rust.
Then they will wonder why they chased the bag for 100 years without showing it.
Meanwhile, in another country, they put their cards to build a society around mining.
Asic continues to run.
Profitable in it.
Bitcoin mining is how these people vote important decisions in Blockchain. Decisions are signed as bitcoin transactions.
Bitcoin is what people use to trade and negotiate contracts.
Wonderful Bitcoin.
It is the same bitcoin as in the first group.
Unfortunately, it is a more decentralized means. To the extent that the two places have different prices and needs.
It should be.
[Feature Image: Human Computers during America’s Space Age]
