I like this and agree with your position. However, as soon as pool start censoring it will see a massive loss of hash and potentially be completely abandoned. Moving hash is trivial. This is the game theory check on this move.
Discussion
That was true in the past, but I think this is less true now.
Much hashrate is corporate now, and is tied to loan covenants that bind the hash to specific pools (looking at you, Foundry)
When it is a question of breaking legal agreements to move the hash, it won't easily switch pools as it did in the past
Fair point. I’m curious how much hash is actually from corporate entities. I thought they were solo mining.
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