Re:Mainnet Merge Announcement
by redox99 on Wednesday August 24, 2022 @11:45AM
(#32580956)
That doesn't prove anything. You can solo mine with a single GPU and choose to censor whoever you want. Any miner no matter how small can censor their own blocks.
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Re:Mainnet Merge Announcement
by A4ET8a8uTh0 on Wednesday August 24, 2022 @11:53AM
(#32581087)
What you say is true in the same way like saying that taking a cup of water out of the ocean lowers the ocean level a little. It is true, but it is not significant. The moment the mining is moved to mostly non-solo miners ( and even now non-solo miners seem to vastly outnumber in sheer mining power established solo miners ).
Basically, concentration of power means that eth will quickly become everything the banks are.. only worse ( because with banks you at least have some regulation to back you up ):P