CryptoQuikRead_052 - Mining Centralization Scenarios

April 19, 2018 00:22:57
CryptoQuikRead_052 - Mining Centralization Scenarios
Bitcoin Audible
CryptoQuikRead_052 - Mining Centralization Scenarios

Apr 19 2018 | 00:22:57

/

Hosted By

Guy Swann

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 23, 2022 00:33:19
Episode Cover

Read_656 - No, We Are Not Going to "Tokenize Everything" [Niko Jilch]

"The whole tokenize-everything-thing so far is one fast hype train. It is exciting not for the technical efficiencies it may provide but for the...

Listen

Episode

February 21, 2019 00:33:27
Episode Cover

CryptoQuikRead_214 - Formalizing & Securing Network Relationships [Part 1 - Nick Szabo]

"... The movement from static to dynamic media promises to bring about a fourth cost revolution in the related areas of jurisdiction, trust, and...

Listen

Episode

September 17, 2021 01:05:31
Episode Cover

Read_560 - The Schumpeterian Bitcoin Cycle [Prateek Goorha]

"Schumpeter would have loved Bitcoin. He would have seen in Bitcoin a living representation of his theory of capitalism, so often quoted but rarely...

Listen