Is Bitcoin Mining Centralized? – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Is Bitcoin Mining Centralized? – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides



When discussing bitcoin mining centralization, the difficulty virtually all the time will get muddied instantly. One particular person would possibly suppose when it comes to mining pool distribution, one other when it comes to hash fee distribution throughout jurisdictions, and yet one more may be mainly involved with what number of producers of mining {hardware} there are.

Folks regularly boil your entire matter right down to only a slim side of it that they suppose is most essential to deal with, dropping sight of the truth that there are a lot of completely different areas through which mining may be extra decentralized or extra centralized, and that every one of them feed again into one another to have an affect on completely different areas.

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