nicehash

NiceHash’s EasyMining said that from Oct 2022 to now, it mined 200 solo BTC blocks, with a total of 1,168 rewards. It sounds like a retail-investor’s gospel. But everyone knows how low the probability of getting a solo block is—of those 200 blocks, they take away more than 1,000 coins. Behind the scenes, it’s very likely that centralized hash power is performing a “decentralization” drama. If retail investors really pour hash power into it, basically they’re just paying electricity fees to big mining farms. #NiceHash $BTC

oooo #NiceHash