.01% of Bitcoin holders hold 27% of all Bitcoin

Re:.01% of Bitcoin holders hold 27% of all Bitcoin by arcticbull on Saturday May 21, 2022 @06:47PM (#31462817)

Buying shares in a mining company eliminates all the challenges you describe for the would-be PoW “staker.”

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Re:.01% of Bitcoin holders hold 27% of all Bitcoin by atweiden on Saturday May 21, 2022 @08:05PM (#31463499)

And that would constitute buying an equity. We’re not mining in your example, we’re buying shares in a mining company.

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Re:.01% of Bitcoin holders hold 27% of all Bitcoin by arcticbull on Saturday May 21, 2022 @08:39PM (#31463732)

You own part of the mining entity - you’re mining.

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