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| The idea behind bitminer is complete stupidty and grift. Its trying to ride mstr coat tails and copy its strategy using a tool that is to different to work properly. The most important issues being etherium doesnt have a fixed supply unlike bitcoin and thus doesnt have the extremely high likelyhood of going up expotentially overtime. The second but not far behind issue being ETH isn't really secure in the sense that 1 person controls it and can be bribed or make a poor protocol change choice at anytime. Bitcoin doesn't have this issue since no single person influence major changes
That said stupid ideas can make money if timed right and it will probably have it's day before it crashes and burns. Just know it's a dumpster fire of a idea riding on a duct taped together network with ever changing protocol. The idea behind fair money is no one can change the rules or change the amount of monetary units. That's why I like bitcoin and why MSTR will ultimately continue to succeed. | |
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BITMINE IMMERSION TE BMNR Buy order got hit today
