Phyrex
Phyrex|Jun 12, 2025 05:17
This topic is quite good. Yesterday, I had dinner with a few big miners (non BTC), and later everyone drank too much and started to tell the truth. The business logic of miners is annualized returns, but consensus is the main way to ensure annualized returns. Some projects now rely on miners to maintain false activity, but in reality, they are developing in a mess both in applications and peripherals. The biggest dilemma now is that there are no users, no one uses it, no one knows how to use it, and I don't know what use it can have. The top miners have started organizing their own investments and creating ecosystems, hoping to build consensus. They also curse the current foundation for not doing anything with money. But miners are indeed a "vulnerable group" in some aspects. If the project itself has problems, the losses of miners are the greatest. Therefore, many miners, especially top miners, are now starting to cooperate, hoping to promote the progress of the project, which is also quite difficult. Of course, for young people, pulling disks is justice, but how many projects can continue to pull disks without sufficient consensus and application?
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