Yeah but if we’re not careful hashrate is gonna end up the same way… Mining is already centralized around the central banker fiat money printer. Miners have already kissed the ring of fiat money and pools are mining for each other so it’s not like that much better in terms of centralization for PoW…
Literally all it takes is gun to the pool operator head and enforcement of compliant blocks by intel agencies is accomplished (re: feather fork and Carol House). I bet they’re just waiting for hashrate to consolidate a little more and then they’ll strike.
It’s not if but when. Eth has no chance ofc but Bitcoin is honestly not doing too much better… Bitcoiners patting themselves on the back before actually fighting the battle…
BitcoinAlchemist / James Pierog
npub1u8…xjcky
2024-09-17 00:39:01
in reply to nevent1q…872t
Author Public Key
npub1u8r69esh5r7jt29nj9ufmz4yvuwp6cwl5xqp4e3d46vl8wla5smsexjckyPublished at
2024-09-17 00:39:01Event JSON
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"content": "Yeah but if we’re not careful hashrate is gonna end up the same way… Mining is already centralized around the central banker fiat money printer. Miners have already kissed the ring of fiat money and pools are mining for each other so it’s not like that much better in terms of centralization for PoW…\n\nLiterally all it takes is gun to the pool operator head and enforcement of compliant blocks by intel agencies is accomplished (re: feather fork and Carol House). I bet they’re just waiting for hashrate to consolidate a little more and then they’ll strike.\n\nIt’s not if but when. Eth has no chance ofc but Bitcoin is honestly not doing too much better… Bitcoiners patting themselves on the back before actually fighting the battle…",
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