Navigating Risks in Bitcoin Mining Pools

This chapter explores the financial challenges faced by mining pools, including their efforts to provide steady payouts amid potential insolvency and capital inadequacies. It discusses the implications of market concentration and centralization in mining, highlighting key players like Antpool and their impact on the Bitcoin ecosystem. The chapter also examines the complexities of achieving consensus among miners, pools, and economic stakeholders in the face of significant changes and proposals within the Bitcoin network.