bart on Nostr: I worry about mining pool centralization. The mining industry has grown to an almost ...

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.