CD23: the state of bitcoin with @gladstein, @dergigi, and @croesus_btc
Citadel Dispatch
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The American Mining Threat to Bitcoin
"I have always been concerned that if we have a large contingent of mining in America, it presents an existential threat to Bitcoin," he said. "The biggest issue with Chinese miners is that they did have a large portion of the hash for a long time." He says American miners probably can't come anywhere near 50% of the hash rate.
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