Author: Mike Hearn 2015-06-01 18:30:20
Published on: 2015-06-01T18:30:20+00:00
The context highlights the business aspect of Bitcoin mining. The author argues that miners are not charities, but rather businesses that sell a service to Bitcoin users - the service of ordering transactions chronologically. Therefore, if some miners are unable to provide this service anymore, they should not/cannot mine. The author believes that many miners have come and gone since Bitcoin's inception due to advancements in technology. Ultimately, it is just part of the business.
Updated on: 2023-06-09T21:52:51.296200+00:00