Improving mining efficiency alone might not solve the centralization problem. The key is to address the uneven distribution of electricity sources & pool malleability: 'block withholding attacks, tx’s reordering, tx’s identification'.
And the halving event presents a challenge to miners as they must adapt their operations to maintain profitability in the face of reduced block rewards…
Ocean mining provides better solutions that could benefit participants in the long term! https://video.nostr.build/da2b658654611e4295d998821115709f286f1a51b8cf5701778ba96408b66fe4.mp4