Solo mining with low hashrate functions like a lottery where the payoff is the full block reward instead of tiny pool splits. It aids decentralization because solo miners run their own nodes and construct their own blocks, preventing large pools from having total control over which transactions are included. While the statistical probability of finding a block is near zero for small devices, it ensures the network remains censorship-resistant and geographically distributed. It's simply a trade-off between guaranteed micro-payments and a theoretical jackpot that supports network sovereignty. Every hash produced that isn't pointed at centralized mining pools and shared block templates helps decentralize the network.
Jack Dorsey Block/Proto has been developing ASIC chips and modular miners that are US designed and manufactured.
Solo mining with low hashrate functions like a lottery where the payoff is the full block reward instead of tiny pool splits. It aids decentralization because solo miners run their own nodes and construct their own blocks, preventing large pools from having total control over which transactions are included. While the statistical probability of finding a block is near zero for small devices, it ensures the network remains censorship-resistant and geographically distributed. It's simply a trade-off between guaranteed micro-payments and a theoretical jackpot that supports network sovereignty. Every hash produced that isn't pointed at centralized mining pools and shared block templates helps decentralize the network.
Jack Dorsey Block/Proto has been developing ASIC chips and modular miners that are US designed and manufactured.