2min chapter

Bankless cover image

10 Predictions for 2023 with Ryan & David

Bankless

CHAPTER

Mining Pools

Mining is a thing that hardcore Bitcoiners are really excited about, but it's just not an area of interest for me. Over 50% of the last week of blocks have been produced by one of two centralized miners. Mining pools don't have ownership over the ASIC units so they're actually a weaker form of centralization. Bankruptcies that needs to happen. Asics are going to get distributed.

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