News for hackers. Stuff that matters.
Re:Cryptocurrency and the unbanked by davidgerard on Sunday October 03, 2021 @07:35AM (#28736361)
Bitcoin mining has also been centralised since about 2014 - three entities are known to control >50% of all mining, and there's no way of knowing how many of the other mining entities they have effective control over.

"Decentralised" is a phantasm.

Re:Cryptocurrency and the unbanked by miracle2k on Sunday October 03, 2021 @08:11AM (#28736554)
Yes, similar to how the US presidential election is centrally controlled because only 51 entities are voting.