Bitcoin mining centralisation is overblown - pools are given power by miners and they can easily take it away.
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Replying to @BlockZombie
@BlockZombie I agree fully. Fear of pool centralisaton is a misinterpretation of the game. ASIC manufacturing centralisation though . . .3 replies 0 retweets 0 likes -
Replying to @ArthurFalls
@arthurfalls we could see mining ASICs added to electric heaters! Big market that.1 reply 0 retweets 0 likes -
Replying to @BlockZombie
@BlockZombie Provided the ASIC market sufficiently stabilises before POW is replaced by one of an infinite number of alternatives.1 reply 0 retweets 0 likes -
Replying to @ArthurFalls
@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.1 reply 0 retweets 1 like
@BlockZombie POS fails due to the observed trend of wealth centralisation. Hyperledger? Tendermint? Proof of Processing at Pebble?
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