Bitcoin mining centralisation is overblown - pools are given power by miners and they can easily take it away.
@BlockZombie I agree fully. Fear of pool centralisaton is a misinterpretation of the game. ASIC manufacturing centralisation though . . .
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@arthurfalls I actually think that's going to reverse. If there's money in it there are plenty of chip fab companies who could come in.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@arthurfalls we could see mining ASICs added to electric heaters! Big market that. -
@BlockZombie Provided the ASIC market sufficiently stabilises before POW is replaced by one of an infinite number of alternatives. -
@arthurfalls I'm not convinced there are so many good alternatives to POW. I want to believe in POS but it's a partial solution at best. -
@BlockZombie POS fails due to the observed trend of wealth centralisation. Hyperledger? Tendermint? Proof of Processing at Pebble?
End of conversation
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@ArthurFalls You might like the world news we aggregate on centralization: http://www.tickersurf.com/centralizationThanks. Twitter will use this to make your timeline better. UndoUndo
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