One way to look at PoW is to view it as an extortion racket by miners where you have to pay an ever more centralizing set increasing amounts to not attack you.https://www.bloomberg.com/news/articles/2020-01-31/bitcoin-s-network-operations-are-controlled-by-five-companies …
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Odgovor korisniku/ci @el33th4xor
How is that different from PoS, where you pay an ever more centralising set increasing amounts to not attack you, with the main difference being that these oligarchs have less selling pressure than miners to cover operational costs?
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Odgovor korisnicima @mrauchs @el33th4xor
My miner runs in Iceland and Atlanta (USA). But I pool with antpool. According to this article my miners are in China.
01:25 - 1. velj 2020.
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