How Miners Learned to Stop Worrying and Love the JPEG

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Ordinals have been a polarizing phenomenon for most every subcommunity in Bitcoin — except for miners.

The meteoric rise of the new Bitcoin-native NFT standard dominated discourse for months as Ordinals flooded blockspace and buoyed transaction fees to multiyear highs. According to critics, these transactions are, at worst, an attack on Bitcoin that tainted the sanctity of scarce blockspace; at best, they are shitcoins, the play-things of gamblers that belong on casino chains like Ethereum.

Well, miners…

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