We node runners did not fire the miners to change the logo or swap one mining algorithm for another. We fired them to preserve Bitcoin as sovereign money. Money that no state, corporation, miner, pool operator, or other powerful interest gets to rule through capital or coercion.
Bitcoin’s rules are chosen by the people willing to run them, and we are free to change those rules when the incentives begin working against Bitcoin’s monetary purpose.
And we just proved it again. When opportunistic SV1 hashrate concentrated behind one pool, we extended coinbase maturity rather than accept hashrate dominance as sovereignty.
Hashrate may leave.
Capital may leave.
Miners may leave.
But the money stays.
So bring the hashrate. Bring the capital. Bring whatever economic leverage you think gives you control on our network.
It does not.
If your behavior threatens the purpose of the money, the rules will change beneath you.
Your hashrate is temporary.
The money is not.
The sha256 miners forked themselves off, so yes, in that sense they quit
>Bitcoin miners didn't show up for BIP-110, they swatted it away like it was a gnat.
5 mining pools decided in a backroom deal to hardfork themselves off by ignoring consensus, yes. That's why we fired them
>XBT had a chance at something
Yes, money for the world. We're going to have a much better chance at that once it's harder for hostile SV1 pools to 51% attack us
>they are allowing loudmouthed bullies to drive it nose first into the ground.
No, we just don't think miners are in charge, which is actually how bitcoin works, though bcashers and spamcoiners may disagree
Sorry you didn't do just a tiny bit of research on the coin you were mining 😂