/biz/ - Business & Finance

>>55958642

Mining companies have to contend with the very real possibility of Monero being outlawed at some point, which would obviously make mining XMR illegal and restrict the importation/replacement of dedicated mining hardware.

They also have to contend with the very real possibility of a future upgrade rendering their dedicated hardware worthless, the devs are already looking at possible ways to cripple or outright brick this "ASIC" as seen here >>55955289

They might also not be keen on having botnets as competitors.

So for-profit mining companies are going to have to think long and hard about the risks involved and if they're even worth it.

Meanwhile, the pool of potential Monero home miners = literally every household in the developed world. A darknet-enabled Gupax configuration would make it easy for anybody to mine *anonymously* on *existing* hardware without needing to download the blockchain.

Remember that normies have been happily donating CPU cycles to worthy causes for years now, so as XMR becomes something more and more people need and depend on we can expect to see a corresponding increase in such charity-driven mining, especially if its culturally encouraged. A little bit of hashrate individually eventually adds up collectively.

https://robots.nootrix.com/news/donate-cpu-cycles-help-scientists-solve-worlds-biggest-problems/
https://en.wikipedia.org/wiki/List_of_volunteer_computing_projects