Hi all,
I don’t know where this summer has gone. Surely not into mining shitcoins — my bytom miners failed last week (one won’t power on, the other’s fault light is blinking. I blame unspecified grid problems but wasn’t home when they went offline so *shrugs*) and my chia miner has been down since early June.
The helium miners are still going, though at a much much lower rate than before the summer started. I guess hitting 100k nodes on the network will do that. Good for Helium, bad for my personal profit and loss calculations.
Home mining is hard to sustain, would be my takeaway.
I’m hoping to get the Chia miner back up this week, and I’ve been hearing interesting things about Aarweave (spelling?) which seems like a promising alternative to IPFS. At the end of the day, I’d rather be providing storage to someone with lots of disks rather than just holding disks full of lookup tables (Chia), so from a philosophical perspective it’s likely I’ll move to something more, um, utilitarian with my disks than just Chia mining. To be determined though, hopefully stay tuned! Lol.
As some of you may have noticed, I’ve indefinitely paused the subscription portion of this newsletter, at least until I’ve got some juicy mining content ready to send out to you all. Free content?? Free content!
In the meantime, I’ve got a semi in-depth post coming up later this week. It’s not *necessarily* miner focused but instead is a thought provoking essay on a topic that’s been floating around the more general mining space and how that might (or might not?) apply to lightning.
chainfail is @niftynei’s shitcoin chronicles, it tastes better when shared with a friend!