Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
Pocket-sized Bitcoin miners are a stand against the “secrecy and exclusivity” of the Bitcoin mining industry, according to their inventors. While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue. Micro Bitcoin mining devices — often open-source and pocket-sized — have been serving a niche part of the market, offering buyers a fully assembled device or a do-it-yourself-kit to mine Bitcoin (BTC) solo. Speaking to Cointelegraph, developers behind these kits admit that buyers won’t likely see much profit but argue that it’s important to fight the “secrecy and exclusivity” of the Bitcoin mining industry. One company, BitMaker, recently claimed that one could be made for as little as $3, offering an output of 50 kilohashes per second. BitMaker’s $3 50Kh/s portable miners. Source: BitMaker A spokesperson from BitMaker — a company working on micro miner s since as early as June 2022 —...