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

September 20, 2023 • 01:08:41

Read_766 - Spiderchains, Proof of Stake L2

"Take the idea of proof-of-stake as a base layer consensus mechanism, and throw the idea away for right now. That's not what this is,...

Episode

May 26, 2021 • 01:21:27

Read_529 - PART 2: The Inflation/Deflation Debate [Lyn Alden]

"deflation is the natural order of a productive economy. If we were using a hard money standard like gold, for example, we would expect...

Episode

November 26, 2020 • 00:59:06

Read_465 - All the Bullish Cases for Bitcoin [Brandon Quittem]

Want to hear all of the bullish cases for Bitcoin? Protection for pensions, the fiscal cliff we are speeding toward, capital movement for the...