Mining pools really took Satoshi Nakamoto by surprise: originally, he assumed that Bitcoin would be secured by solo miners competing with their computers' processing power.
But as nostr:npub1q3t5ttqwjzjrv9q68twaj4t4ct4dg7mp8azjsu5rukqzlalan87s57u7l3 proved in 2010, a collaborative approach makes more sense and helps small players get more frequent (albeit smaller) rewards.
Listen to S15 E8 of the Bitcoin Takeover podcast (featuring Ryan Condron) to learn more about the early years of Bitcoin mining!
#bitcointakeover #bitcoinpodcast #bitcoinmining #miningbitcoin #satoshinakamoto #miningpool #slush #btctkvr #bitcointakeoverpodcast https://video.nostr.build/34acc7e8bfa98f306b21fa633c4833493e76e6f6b5156f1ff2de841001acacd3.mp4
