That might have been true a decade ago. But GPUs and FPGAs have long been obsolete for mining Bitcoin.
Mining is happening on custom silicon in large-scale operations. They specifically observed several of those large-scale operations in multiple nations and extrapolated out. I don’t see how that methodology is flawed.
That might have been true a decade ago. But GPUs and FPGAs have long been obsolete for mining Bitcoin.
Mining is happening on custom silicon in large-scale operations. They specifically observed several of those large-scale operations in multiple nations and extrapolated out. I don’t see how that methodology is flawed.