Replying to Avatar ODELL

the two largest bitcoin mining pools in the world - Foundry USA and Antpool - require identity verification on all miners that use them

53% of global bitcoin hash rate has been doxxed between these two pools...
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Hypnagog 2y ago

We need to decentralize mining. I know its not obvious, but relying on these big pools is a vector of attack for bitcoin.

I'm certain today's chip makers could make usb asic sticks like the blockeruptors of old. 200,000 people each running a usb asic at 5-10gh/s and linked to an independent pool could make a difference

https://snort.social/e/nevent1qqsyfz9a0c4qtr8dk4pvyr9f50u74vzd8m3a8kl5qusnac582hs4t8sppamhxue69uhkummnw3ezumt0d5pzql2se2xpv7sswg7zftafl6dvw9cdcn2uqqxhln28p3dweall8t4hqvzqqqqqqyew6plx

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AngryMulbear 2y ago

Or we could change the mining algorithm, making all those dedicated ASIC's obsolete overnight. Return to the days of CPU mining.

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Secretary Janet Yellen 2y ago

And face the possibility of easy attack like CPU mineable shirtcoins are.

#Bitcoin is strong also because it doesn't change the rules overnight.