Neo-Keynesianism is central planning of incentives. 🤮
The other side of the same coin 🪙
(Central planning of the economy)
The already attempted and failed side of the coin was central planning of transformation (production).
Austrian economics’ paradigm: decentralization
Neo-Keynesian economics’ paradigm:
centralization
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nostr:note1jw45f8tke6tlr7h3csdjwy5znfr7uke00q62alg8q0wftlm3ljksdl4tlk
Is a Bitcoin Full-Pay-Per-Share (FPPS) mining-pool using exclusively only Stratum V2 the best option for mining-entities?
What is the advantage of solo-mining-pool vs. solo mining?
I think, none.
Indeed, I think, it’s disadvantageous.
The Bitcoin system has 7 mining-nodes:
Foundry USA - 119.8 EH/s
AntPool - 104.6 EH/s
F2Pool - 52.6 EH/s
ViaBTC - 42.48 EH/s
Binance Pool - 38.39 EH/s
http://BTC.com - 8.09 EH/s
Poolin - 2.6 EH/s
Why there are not mining pools using exclusively only Stratum V2?
The easiness degree of a soft-fork realization in the Bitcoin system is indicative of its weakness degree.
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That would not have a significant effect; at least, non-mining-entities stop running a node. And if this were the case, then the Bitcoin system would experience a value reduction due to from that diminished decentralization characteristic. Attempting to concentrate mining, verification and storage resources by mining-entities would harm themselves in the medium, long run. But it is an educated guess to assume that mining entities are more interested in the short term benefits; so that is a probable Nash equilibrium outcome.
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