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mr_doppertunity t1_izejw0d wrote

Reply to comment by boife1 in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79

If a single person setups a CPU miner, they have a negligible chance to mine a block. A single GPU slightly increases the chance. An ASIC - even more. But anyway the chance is so small you won’t even cover electricity bill. Because the complexity of “work” that needs to be done is insane.

So you’re proposing for individuals to organize a pool, I wonder why no one did that to try to compete with people that occupy abandoned mines with ASICs.

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