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It would be great if mining ASICs (and support hardware) could be designed to encourage recycling. Latest gen chips that become uncompetitive for professional mining, can have a second life in home water and space heaters. Mining revenue only needs to partially offset power costs if the waste heat is used. This could help increase decentralization and the useful life of ASICs.
Good luck with everything Jack. It’s something that’s concerned me regarding bitcoin mining post 2013. Since the topic of ASIC resistance came up…the idea is to make it easier for everyone to hop on board and participate with widely available resources. If bitcoin took the approach a popular privacy coin has we’d have even more β€˜bitcoins’ out in the wild.
Awesome, mining has been out of reach for the average joe for a while, I hope this changes that somehow. Did you know there is a lot of unused energy producing infrastructure in Costa Rica due to government policies? My understanding is that the government stopped buying electricity from private providers last year. Just saying...
I had flashbacks to physical chip security trainings. The full ecosystem security needed to protect and validate that no malicious injection from fab to end user. I recall a chip replacement from manufacturer to client that had a ORG in the middle that replaced chips to compromised encryption. Trust is needed, by verification keeps all legit