Global Feed Post Login
Replying to Avatar Martijn Wismeijer

Why is nobody talking about the current (51+ %) monopoly on bitcoin mining? Both Antpool and Foundry USA have well over 51% of the current Bitcoin hash rate. This is a terrible situation and a potential danger to the #Bitcoin ecosystem. While everyone is stressing out of those silly JPG images, this is the bigger problem and could easily be fixed by those running mining hardware. Just point those miners to a different pool! In addition, both pools require AML/KYC 🤮 on their clients, something that should not be accepted. #Bitcoin #mining #urgent

#m=image%2Fjpeg&dim=1103x752&alt=Antpool+and+Foundry+USA+bitcoin+mining+monopoly.&blurhash=r78WXhK*1C%7BK%5ET3WV%7B%3AkI%2BO%23s%3A%23%5DNwSasARjWCsq0wvz%5E97gIp%3AjNWGG%24nriR%2CSr%24fNfNd%24kX5JO%24%7BOZNN%2Bst0Kksqv%7DS0%24-j%3DI-Ro-Df%7EJ%24wMw%7B&x=21d785994141062c166e5b428f2e93d551ff83e60b9b0597614d0b22d7ab097c

Avatar
Uxellodunum 2y ago

Doesn't help that the one pool that had a big chance to big some of that hashing power (Ocean) launched to very mixed views with very controversial views.

Really unfortunate - The idea of a decentralised pool was/is very desired. Supposedly, more tools will give miners more control soon, but still.

Reply to this note

Please Login to reply.

Discussion

No replies yet.