At Spacemesh, we believe that home miners are the key to a healthy cryptocurrency ecosystem, and that cryptocurrency projects and communities should be doing everything possible to empower them. This is essential for three reasons. Firstly, because it ensures true decentralization and good governance, with many full nodes that make capture of the network by large, minority players unlikely. Secondly, there are many people in this world—especially young people—who don’t have access to the traditional financial system in the form of bank accounts and credit cards, and we need to make sure that they can mine their first Smesh coins from home, permissionlessly. And thirdly, because we believe in self-sovereignty and personal responsibility, and running a full node and contributing to network security by mining are important parts of that.

But despite the importance of home miners, one of the most common trends we see as cryptocurrency platforms scale up is that home miners start to dwindle, since mining from home is no longer profitable. In these cases, effective mining requires massive capital investment and entails economies of scale, creating high barriers to entry that the average home miner simply can’t overcome.

Read more: https://spacemesh.io/blog/spacemesh-for-home-miners/