The Good Tech Companies - Solo Satoshi Announces 10,000 Bitaxe Miners Distributed Globally!

Episode Date: April 21, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/solo-satoshi-announces-10000-bitaxe-miners-distributed-globally. Created by @skot9000, the B...itaxe is a compact, open-source device enabling bitcoin home mining. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin-mining, #bitaxe, #bitcoin-miner, #mobile-bitcoin-mining, #what-is-bitaxe, #crypto-mining-rig, #solo-satoshi-bitaxe-miners, #good-company, and more. This story was written by: @OpenSourceTheWorld. Learn more about this writer by checking @OpenSourceTheWorld's about page, and for more stories, please visit hackernoon.com. Solo Satoshi announced distributing over 10,000 Bitaxe miners, adding 10 petahashes to Bitcoin’s network, driven by a chaotic flash sale. Created by @skot9000, the Bitaxe is a compact, open-source device enabling bitcoin home mining. It counters centralization fears with low power use and accessibility, empowering plebs globally to strengthen Bitcoin’s decentralized future.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Solo Satoshi announces 10,000 Bitax miners distributed globally, by Anon. Hash-hash-tagged the chaos within Bitcoin mining, once a playground for tech hobbyists, has increasingly been overtaken by corporate giants, but a grassroots revolution is gaining momentum. On April 15, 2025, Solo Satoshi announced a pivotal milestone on X. Over 10,000 BitTax miners sold, contributing more than 10 petahashes of hash power to Bitcoin home miners globally. Fueled by a chaotic, unplanned flash sale, this achievement signals a global shift, with BitTax miners humming in homes from North America to Africa, Europe to Asia.
Starting point is 00:00:44 These compact devices are bringing mining back to the people, enabling anyone to strengthen Bitcoin's decentralized network. This article dives into the BitAx's technology, its role in home mining, and the milestone that proves small Bitcoin mining machines can reshape the future of Bitcoin. A global milestone for home mining. The sale of 10,000 Bitax miners marks a turning point for Bitcoin. A global milestone for home mining, the sale of 10,000 bitax miners marks a turning point for Bitcoin. Each miner represents an individual or small group bolstering the network security, collectively delivering over 10 petahashes, 10 quadrillion hashes per second, of computational
Starting point is 00:01:17 power. Operating in diverse settings, from rural cottages to urban apartments, these devices show that solo mining is not a relic, it's a reality. The global spread of Bitax miners highlights a rising demand for accessible, efficient tools that empower everyday people to contribute to Bitcoin's centralized ecosystem. This milestone was driven by a spontaneous flash sale for the Bitax Gamma, priced at $125.99. Launched on a whim by Solo Satoshi, the sale sparked a frenzy,
Starting point is 00:01:48 pushing the company past the 10,000 device mark. Unlike the massive Ant miner rigs dominating corporate mining farms, the BitAx offers a compact, energy-efficient option for home use. A weekly giveaway of a BitAx 601 Gamma with free global shipping followed, further expanding the device's reach. As Bitcoin's halving events reduce the block reward every four years, efficiency becomes critical, making the BitAx's role increasingly vital.
Starting point is 00:02:15 Solos Satoshi. Pioneering access to BitAx. Founded in May 2024, Solos Satoshi is led by Matt, Hunter, and Kelsey, a trio committed to making Bitcoin mining accessible. Matt led by Matt, Hunter, and Kelsey, a trio committed to making Bitcoin mining accessible. Matt's strategic insight, Hunter's technical knowledge, and Kelsey's operational expertise drive the company's efforts through their website, SoloSatoshi.com. As sellers of BitAx miners, they focus on connecting people with open-source Bitcoin mining hardware, providing resources and a community hub for enthusiasts.
Starting point is 00:02:50 The open source movement in bitcoin mining bitax is a product of the open source movement, a core principle of bitcoin's philosophy. Created by at scott9000, on x, the bitax's designs, schematics, and firmware are freely available on github, inviting anyone with technical curiosity to build, modify, or enhance the device. This openness fosters a global community of developers and miners who share knowledge and drive innovation. Unlike proprietary systems that restrict users to rigid ecosystems, the BitAx encourages customization, making it a versatile tool for learning and contributing to Bitcoin's
Starting point is 00:03:22 security. The open-source approach is gaining momentum as home miners seek alternatives to expensive, controlled hardware. By providing access to the BitAx's blueprints, the community ensures mining remains inclusive, enabling hobbyists and small-scale miners to participate affordably. This movement aligns with Bitcoin's values of transparency and decentralization, positioning the BitAx ASA beacon of resistance against centralized control in mining.
Starting point is 00:03:48 Centralization fears in Bitcoin mining Large-scale mining operations have sparked concerns about Bitcoin's centralization. Insights from sources like Ocean, a decentralized mining pool, and other industry voices highlight key risks. First, the concentration of hash power in a few major pools could enable collusion, allowing dominant playerstow manipulate transaction confirmations or prioritize specific transactions. Second, geographic centralization in regions with cheap electricity creates vulnerabilities to regulatory actions or natural disasters. Third, proprietary hardware limits
Starting point is 00:04:23 innovation and locks miners into costly systems. Finally, the environmental impact of industrial mining, with its energy-intensive farms, has raised sustainability concerns. The Bitax miner counters these issues by enabling individuals to contribute hash power from their homes, reducing dependence on centralized pools. Its open-source design challenges proprietary hardware monopolies, and its low energy consumption supports greener mining practices. For those pursuing lottery mining, where a solo miner competes for the rare chance to mine a block and claim the full block reward, the BitAx provides a practical way to participate
Starting point is 00:05:00 independently. What is a BITAXE? The BITX, instigated by its Scott 9000, is a compact, open-source Bitcoin mining device designed to make mining accessible to everyone. When it first appeared, few outside the open-source community recognized its potential, but Solosodoshi, among the earliest adopters, championed it through sales on their website and the X platform, helping it reach thousands. The BITX is engineered for home use, delivering 1, 2 terahashes per second THS while consuming just 18 watts, a fraction of the power required
Starting point is 00:05:35 by industrial miners. This efficiency makes it ideal for small-scale home mining setups, offering a stark contrast to the resource-heavy equipment of large operations. The BitAx Gamma exemplifies its user-friendly design. With plug-and-play functionality, beginners can connect the device to a power supply, change a few settings, and start mining Bitcoin in minutes, no complex setup required. Advanced users benefit from its open-source nature, which allows customization, such as modifying firmware and the plethora of adjustments that can be made through AX-OS, the BitAX's operating system. The BitAX's
Starting point is 00:06:11 compact size, 40mm fan, and very low heat output means it can run quietly on a desk or shelf, blending seamlessly into home environments. Unlike traditional miners that demand specialized cooling or infrastructure, the BitAX is built for simplicity and accessibility versatility as a hallmark of the BitAx. It supports solo mining, where miners compete independently for block rewards, as well as pool mining for more consistent payouts. Its affordability and efficiency appeal to hobbyists, educators, and those mining to support Bitcoin's network rather than solely for profit. The device also doubles as an educational tool, helping users explore blockchain technology and mining mechanics hands-on. By distributing the BitAx, Solo Satoshi has made this technology widely available, enabling
Starting point is 00:06:58 a new wave of miners to engage with Bitcoin's ecosystem. The rise of home mining, plebs take charge. Home mining is experiencing a revival, powered by devices like the bitax. In bitcoin's early days, anyone with a computer could mine, but rising difficulties shifted the landscape to industrial farms. The bitax reverses this trend, allowing ordinary people to run miners from their homes, contributing to bitcoin's security. This movement is about more than earning rewards, it's about upholding Bitcoin's decentralized ethos. The bitax's simplicity makes home mining feasible.
Starting point is 00:07:33 With low power costs, comparable to a lightbulb and minimal setup, it fits into any household. Miners need only a stable wifi and a small space, and the device's quiet operation ensures it runs without disruption. For many, the excitement of solo mining, chasing the elusive block reward through lottery mining, is a driving force, but even pool miners strengthen the network's resilience. Stories of home miners illustrate the bitaxes' impact. A student in Tokyo mines from their dorm to learn about blockchain, while a retiree in Texas runs a bitax to support Bitcoin's mission.
Starting point is 00:08:08 These plebs, as the Bitcoin community affectionately calls grassroots enthusiasts, are proving that small-scale mining matters. The 10,000 bitax miners sold, represent a growing network of home miners fortifying Bitcoin's decentralization. A bright future for BitTax and Bitcoin, the milestone of 10,000 BitTax miners sold, powered by 10 petahashes in an anarchic flash sale, marks a pivotal moment for Bitcoin mining. Matt, Hunter and Kelsey, through Solo Satoshi, have played a key role by distributing these devices globally, making them accessible to thousands.
Starting point is 00:08:42 Their early support for Scoscreation and their chaotic energy has helped the bitax become a cornerstone of home mining. As Bitcoin grapples with centralization and scalability challenges, the Bytas offers a path forward. It empowers individuals to contribute to the network, learn about Bitcoin mining, and uphold Bitcoin's decentralized principles. With every bitax running in a home, the network grows stronger, more resilient, and truer to its roots. Visit Solo Satoshi, com to explore the bitaxe and join the movement. Bitcoin's future lies with the plebs, will you be one of them? Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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