Pocket-sized Bitcoin miners are being hailed as a challenge to the secrecy and exclusivity of the Bitcoin mining industry. While these micro miners may not be profitable, their inventors argue that they are important in combating the industry’s biggest flaw. The developers of these devices acknowledge that buyers are unlikely to see significant profit, but they believe it is crucial to fight against the secrecy and exclusivity of the mining industry. The closed-source nature of well-known Bitcoin ASIC mining rigs has limited the manufacturing and supply of miners to commercial entities. However, open-sourcing the design of micro miners promotes transparency in the industry and makes it more accessible to the public. The engineers behind these projects are sharing information on how to create hashboards and other mining equipment without relying on large-scale manufacturers.
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