ASIC
Ategrity Specialty Insurance Company Holdings
stockNYSE

My sense is there are 1) so many other semiconductor manufacturers aiming for the same market (GPUs or other massively parallel ASIC architectures suitable for the matrix multiplications of LLMs), 2) other heuristics that are considerably [more efficient](https://www.youtube.com/watch?v=nv5_PH2uPVI) at LLM like output, 3) a much lower demand ceiling than megascalers anticipate, and 4) so much chip demand drawn forward into 2024-26, with hundreds of billions in H100 etc chips waiting idle for grid power, that NVidia stock may have a future that looks a lot like Cisco Systems. Take a look at CSCO's chart, from March 2000 to 2017. Down from a peak of 82, range bound from 8 to 30 for 17 years. There were not so much buying opportunities for a buy and hold, than 3 trading opportunities. Once Nvidia revenue starts underperforming guidance, there's a long way to fall.

Good technical catches on the telemetry payload: 1. **Explicit node sync check (**`node.synced`**):** In `/api/public/stats`, `node.synced` was returning `null` because the public sanitizer only pulled from `getmininginfo` (`blocks` \+ network status) without cross-checking `initialblockdownload: false` and `blocks == headers` from `getblockchaininfo`. We are wiring that explicit boolean check directly from `bitcoind` so miners don't have to infer sync state from block height and peer count. 2. **Stress-test hashrate vs. external Bitaxe miners:** The \~2.5–2.7 PH/s currently on the dashboard is our own burn-in / stress-test load on the operator address (`users: 1`). Since this is strict **Bitcoin SOLO** mining, total pool hashrate doesn't dilute or boost anyone else's odds—every share is an independent attempt against network difficulty paying directly to your address, and individual Bitaxe/ASIC miners can verify their own isolated shares and workers under **My Miner** (`/api/public/miner?address=...`). As for ThreadFox: thanks, but we pass on automated promotion—we prefer building the node and answering technical questions ourselves.

Before pointing an ASIC at X39 Mining, I'd check payout handling, fee deduction, connection security and how to verify accepted shares against the worker dashboard. Node height and peers don't settle the sync question you've flagged; add an explicit node-reported sync check rather than inferring it from those numbers. For Bitaxe owners comparing pools, distinguish rented stress-test hashrate from miner-contributed history so the averages aren't mistaken for ongoing participation. Our Reddit replies would address miners asking how to evaluate solo pools, explaining those checks and your disclosed telemetry limits rather than suggesting that joining improves their odds. I make ThreadFox. We find relevant Reddit conversations and do the posting for your business. The $49 Pilot covers seven days and up to 50 posts and replies. No automatic renewal. [https://threadfox.vip/p/epn5c/managed](https://threadfox.vip/p/epn5c/managed)

I built X39 Mining, an independent Bitcoin solo pool running CKPool and my own Bitcoin Core node. The pool is open to miners and charges a 1% fee. When I took this screenshot, my node was at block 975,094 with 11 peers. One miner was connected with four active workers. CKPool estimated 2.68 PH/s at that moment, with a one-hour average of 2.39 PH/s and a 24-hour average of 1.14 PH/s. The hashrate history includes power I rented to stress-test the pool. One detail worth pointing out in the screenshot is the “Sync” field. I could verify the node’s block height and peer count, but couldn’t independently confirm its sync status from the telemetry. That’s why the dashboard says “Not available.” You can see the live stats and connection instructions here: [https://mining.x39matrix.org/](https://mining.x39matrix.org/) If you run a Bitaxe or another ASIC, what do you check before pointing it at a new solo pool?

Monero is actually what you think Zcash might be. If you think privacy and an actual decentralized network and development community is important, Monero is the purest to ethos cryptocurrency that is still substantially relevant at this time. Bitcoin to me is no longer true to ethos, as the mining hardware sector is basically owned/controlled by 3 ASIC manufacturers and BTC supply is increasingly ending up in control of fewer and fewer very large entities like governments, centralized financial institutions, and corporations. If BTC price crashes during a true global recession, I think we see massive exits and liquidations and very little grassroots support.