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What's most interesting is on their second page: 46% of the bitcoin network is controlled by 36 private for-profit companies, that are represented by this "bit
by propogandist 5y ago
What's most interesting is on their second page:
46% of the bitcoin network is controlled by 36 private for-profit companies, that are represented by this "bitcoin mining council" that's pushing this PR piece to protect their interests
So, a measly 36 for-profit companies control nearly 50% of the "currency" that is supposed to replace all other currencies
You better believe they will try to do everything they can to protect their money minting empire.
- rkagerer 5y agoHow many of those companies own their own hash power vs. operate as mining pools? Of the former, how many have power consolidated in one or a few shareholders?
- defaultprimate 5y agoIf you write the software the mining pool uses to mine, you own the hash power.
- shudza 5y agoIs something stopping you from joining them?