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23min chapter
BTC161: Decentralizing Bitcoin Mining Pools w/ Bitcoin Mechanic (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Centralization in Bitcoin Mining Pools
This chapter discusses the centralization of Bitcoin mining pools and how it affects block templates and transactions, highlighting concerns about bottlenecks, censorship, and control of block space. It explores the importance of participating in a mining pool for increased chances of finding a block and earning rewards, and raises the need for decentralization in block template construction.
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