The current largest systemic problem in Bitcoin is mining centralization. It’s the fact that we have millions of *hashers* and barely a handful of *miners* on the network.

There has been endless claims about solutions, but no project has done more, practically and explicitly, than nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze to start to turn this problem around.

If an opinion on op_return, or an abrasive remark, or some viewpoint difference has you dismissing or denying the fact that they are doing more than anyone else to solve this problem, then I’d argue you aren’t serious about Bitcoin.

I respect lots of people that I don’t agree with, and even many that I don’t even like, or whose personalities just rub me the wrong way. But I respect and recognize what they do for bitcoin, and realize that weird, angry, or antisocial contrarians are often those who do the most to balance groupthink. That’s often a big part of why I value them.

If you think there is another project doing more to solve this problem, I’m all ears. But right now I don’t see evidence of it. And I couldn’t care less what silly statements are made by anyone involved (and can point to an endless supply by anyone, including myself, if that’s what I wanted to focus on) as long as they continue moving the needle to solving Bitcoin’s greatest risk.

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I think companies like 21 could be influential in changing this. They could use their platform to promote mining decentralization and educate / incentivize actions that promote it.

IMO they are competing with Strategy. Leveraging Bitcoin’s growth to provide cantillioners with a higher return in a fiat-denominated unit of account

The bitcoin ASIC chip manufacturing monopoly doesn't help with centralization either.

It's not exactly a monopoly, anyone can build more.

Is the centralisation a double edged sword? If they hash they keep earning, rock the boat, the could lose it all.

If the chain splits though, will it be chosen by hash or users buying or selling the original/new token?

Would you consider the nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu project a miner? Its made up of pleb washers but as a whole i believe it qualifies as a miner? They made waves with their latest mining party and nearly hit a block!

Rigly is an anonymous hashrate marketplace that helps decentralize Bitcoin mining. It lets you buy hashrate and point it to any mining pool you choose. The goal is to empower everyday users—plebs—to mine Bitcoin. Buyers pay hashers upfront and take the risk of finding a block. Everything is done with sats, no fiat, and full privacy is preserved.

Nice to meet you friend 🤝😉

Preach! 🙌

With summer almost here in the north, I turned off my rigs a few weeks ago. I miss knowing that I was generating my own block templates and stacking non-kyc sats. I'll be firing up again this winter, back to recouping the heat.

You cannot stop the nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy08wumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wshsm60rnh

Nice to meet you friend 🤝😉

Isn’t pool centralization a bigger issue than miner centralization?

If you are Solo mining with a bitaxe or something point it to the Noderunners pool, https://noderunners.network/en/pool

Any risk is the "greatest" when it become reality.

I don't think we have to focus on one point only and forgot any other concern.

Decentralization should be the concern on any centralization point, technical or just human ones.

Just because centralization is the weakest point on ANY network (technical or human).

Anyway, nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqpdnat8dlluxw0la9xl4vuta03pecghcmc4p8vey25z6320ggx6ydvfd7j do a great job as anyone that is working on the blockchain.

The mining problem is the most serious thing we have on ₿. Unfortunately, there is no way to not make the mining activity centralized. I don't see an immediate solution