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Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by mrguyorama on Thursday September 07, 2023 @01:31PM (#37422510)
Proof of work explicitly gives those with more resources more power. How is that "fair"? Bitcoiners complain that staking systems are somehow worse, but it's the exact same dynamic, just one uses less electricity.
Re:Texas paid Bitcoin miner Riot $31.7M to shut down in August by DANmode on Friday September 08, 2023 @08:03PM (#37440834)
BTC doesn't purport to fix "dog-eat-dog" or "might is right" in human society, but does "fix" governments being able to manipulate the value, supply etc of money.