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Bitcoin Mining and Block Size Debate
This chapter explores the intricacies of Bitcoin mining, highlighting miner incentives and the economic implications of block production within the cryptocurrency ecosystem. It critically examines the ongoing block size debate, contrasting small and large block perspectives, and considers their impact on decentralization and transaction scalability. Additionally, the chapter delves into the historical context of Bitcoin forks and the market realities faced by competing cryptocurrencies like Bitcoin Cash and Bitcoin SV.