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Replying to Avatar liminal 🦠

I saw a bunch of pie charts and asked Claude to make a histogram:

The distribution of miners looks like a power law, which is not surprising for natural processes and network effects (though there really aren't many individual known pools, so it's difficult to draw strong conclusions with a fit of 0.65). That extra condition for individuals not trying to go in a pool near in 50% is an interesting constraint from a game theory pov though - acting as a sort of homeostatic effect, curious how much that incentive actually effects the dynamics.

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liminal 🦠 8mo ago

Doesn't contradict anything, but just had an intuition that the network effects of mining were a power law and was curious 😁📊

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