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More / Bitcoin Reddit - 1 week ago

Big Tech coming for low cost electricity

So it is no surprise that Big Tech is trying to find ways to power their AI models: https://www.wsj.com/business/energy-oil/big-techs-latest-obsession-is-finding-enough-energy-f00055b2 But does anyone have concerns for what this means for the BTC min...

More / Bitcoin Reddit - 1 week ago

Is btc mining like the lottery?

When a bitcoin is mined is the winner equivalent to a winning lottery ticket? So, if I mined on a PC it might take a hundred years for me to win, like having just one ticket, whilst miners who mine millions of times quicker than me, have the equivale...