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«Bitcoin’s center of hash today is somewhere near the center of the Earth, perhaps a bit closer to China. This may change as humanity expands and bitcoin miners set up in orbit or on Luna. But bitcoin’s center of hash is likely to always remain within a few light-seconds distance of the center of the Earth.

This will have deep consequences for the future expansion of human civilization.»

https://unchained.com/bitcoin-astronomy/the-law-of-hash-horizons

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Alan Siefert 1y ago

I personally believe that Bitcoin would eventually increase its block time and become what’s described as “Solcoin” in Part 2. Having all the mining done on or close to Earth would be seen as unacceptable centralization to citizens of a solar system wide or bigger civilization. https://unchained.com/bitcoin-astronomy/kardashev-money

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