Abuirfhan on Nostr: Bitcoin mining was never meant to be a fiat arbitrage game. Miners sacrifice energy ...
Bitcoin mining was never meant to be a fiat arbitrage game. Miners sacrifice energy and capital in a free market, expecting to lose fiat in the short term while accumulating Bitcoin over time.
When financial engineering replaces conviction, mining becomes gambling.
The goal was never more fiat. The goal was more Bitcoin.
Published at
2026-07-29 06:40:57 UTCEvent JSON
{
"id": "1bc3cb57ead3ac8e296ccdeb534167c7e575d7efac9f11175af3b4465404f039",
"pubkey": "286282be550d58182bb40de76a8a20eb4e37815910ef7c0c1afad6554c47c241",
"created_at": 1785307257,
"kind": 1,
"tags": [
[
"client",
"Yakihonne",
"31990:20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3:1700732875747"
]
],
"content": "Bitcoin mining was never meant to be a fiat arbitrage game. Miners sacrifice energy and capital in a free market, expecting to lose fiat in the short term while accumulating Bitcoin over time.\n\nWhen financial engineering replaces conviction, mining becomes gambling. \n\nThe goal was never more fiat. The goal was more Bitcoin.",
"sig": "0238bc42c695b653e72638c64ed0d61d79995ca2a2c83af46f7526e41d013c7c409341d187f528d70c3628190a9766ae9075617e593dda22741dc87336969e13"
}
