CryptoQuikRead_052 - Mining Centralization Scenarios

Bitcoin Audible

Apr 19 2018 | 00:22:57

00:00 / 00:22:57

Hosted By

Show Notes

Is Bitcoin really decentralized if we consider the enormous market dominance and hash power of Bitmain and the largest mining pools? Listen to Jimmy Song's argument about the elements and consequences of centralized mining scenarios to find out.Don't forget to check out @jimmysong's other works on Medium: https://medium.com/@jimmysong/mining-centralization-scenarios-b74102adbd36 Also check out Jimmy's podcast:https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

October 11, 2022 • 01:10:31

Read_661 - Five Examples of Bitcoin's Real World Utility [Trent Dudenhoeffer]

"Today, it’s a trucker protest. What if it’s a women’s rights protest next? A protest against abuses by a country you’re allied with? Who...

Episode

October 04, 2022 • 00:43:48

Read_659 - Adoption & Digital Freedom Will Happen Through Lightning [Paolo Ardoino]

"Lighting Network adoption is scaling Bitcoin around the world. And it will be key to protecting our freedoms in the digital age as well."...

Episode

March 17, 2022 • 01:07:25

Read_611 - The Freedom of Value [Dergig]

"Thus, given enough time and popularity, every movie, every song, and every document will be available to the general public for free. The nature...