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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.
Re:BTC Endgame by swader999 on Friday February 19, 2021 @05:51PM (#26199092)
Agree, the electricity for the mining is even more centralised. That really is the point of control on this whole thing.
Re:BTC Endgame by hertzrat on Friday February 19, 2021 @06:24PM (#26199431)
Electricity is a big deal even without crypto. Look at Texas right now - people have more to worry about than their mining rigs being offline