We’ve come a long way.

Since cypherpunks enlisted.

Mining on their home turf.

The quest for hash power.

Revolutionary in its expansion.

Early Skirmishes

A decade before now.

New soldiers take to the battlefield.

Armed only with standard multi-core CPUs.

Block reward high.

Difficulty low.

Miners; rising up.

Survive.

NgU.

GPU Battles

Two years on.

Mining difficulty increasing.

Army networks; growing.

More firepower needed.

The age of the GPU.

Infantry armed.

Archers.

Longbow.

Their range now global.

Their aim; territory.

Survive.

NgU.

Send In The Cavalry

Hash rate is relentless.

Time waits for no one.

Difficulty rises.

Costs surge.

Support needed.

FPGAs the cavalry.

More efficient.

But fleeting.

Combat had evolved.

The die had been cast.

Satoshi had crossed the Rubicon.

Mining was different now.

Larger. Bigger. Better.

Many left behind.

Survive.

NgU.

Rise of the ASICs

FPGAs; a mere blip.

The thirst for the new frontier grew stronger.

The battle heated up.

Smaller chips.

More power.

Military-grade.

An insatiable appetite for hash.

All-time high after all-time high.

Larger armies inbound.

Survive.

NgU.

Tribal Warfare

Go big or go home.

The battalions had arrived.

Or simply evolved.

A constant fight to retain relative hash power.

Lone infantry put to the sword.

In great numbers.

No mercy.

Technology matures.

Size and perseverance take precedence.

The embodiment of a low time preference.

No quick win.

Plan for the long-haul.

Subsidize mining.

It will subsidize you in return.

This is where we find ourselves.

A global battle.

Daily.

Hourly.

Every ten minutes.

With unabated fury.

The hardiest miners.

The strongest hands.

They fight on.

This war has only just begun.

Hear the whispers.

Know it instinctively.

This time won’t last forever.

The nation-states are coming.

Survive.

NgU.

World Hash War

It was inevitable.

Years of speculation.

Now it begins.

In Iran. In Kazakhstan. In Venezuela.

They’re coming.

The sound of Cyber Hornets.

Revving up their ASICs.

Preparing to enter the fray.

In warehouses. In aerodromes. In bunkers.

Humming.

Not all will hear their battle cry.

It will be too late.

Tribes will unite.

Some will be absorbed.

Many will die.

More nations will arrive.

Switzerland, Russia, the Independent States of America.

The geo-political economic framework is shaken.

Powerhouses of the old world.

Left with no choice.

They will join.

All of them.

Acceptance.

The transition phase.

Survive.

NgU.

End Game

Everything is cyclical. Everything.

First, they ignore you, then they laugh at you, then they fight you, then you win.

We win.

Mining returns back to where it began.

Back in the hands of sovereign individuals.

This time in their millions.

Nay billions.

Armies will disband.

Citadels will reign.

People will be at peace.

The new dawn.

A Bitcoin Standard emerges.

Survival.

∞