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In this video, I discuss how Bitcoin plebs are taking back Bitcoin mining and helping to remediate mining pool centralization, by themselves renting hashrate from home and directing the hash to block templates that plebs have built using their own Bitcoin Knots nodes and Datum Gateway.
To get the full Bitcoin experience, everyone needs to:
1) Hold their own private keys
2) Run a Bitcoin node, and really use it
3) Mine using that Bitcoin node.
Here’s how to get started mining from home at an industrial scale:
Not investment advice! Consult a financial advisor.
The easier, less self-sovereign way to mine from home:
Another cool way to mine from home:
Why don’t people want plebs to use rented hash?
But they are fine with large mining pools using rented hash?
Bitcoin mining pool centralization:
Top templates on Ocean:
OCEAN could grow to 100% dominance and would still control 0 hashrate:
HashGG:
Using Umbrel and other systems to mine from home:
Follow my public rented hash mining here:
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#BitcoinMining
#Datum
Disclaimer
Neither Matthew Kratter’s Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
