Re:BTC Endgame
by mrits on Friday February 19, 2021 @05:35PM
(#26198929)
I've posted here before about it. I'm of the opinion that it currently is not decentralized. There is such a shortage of hardware that can be competitive right now and there are only a few organizations that can get their hands on them. I think this problem is just going to get worse when the manufactures start to realize it doesn't make sense to sell any of their miners at all.
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Agree, the electricity for the mining is even more centralised. That really is the point of control on this whole thing.