China Band Bit Qoy Mining - Is That a Thread Factor for Bitcoin?

As the mining sector becomes more institutionalized it’s important for the Bitcoin community to always focus on building systems that are as decentralized as possible. From supply chain to block propagation, all aspects of the mining technology stack are potential failure points.

In this episode we talk with Shinobi, Co-host of Block Digest about various centralization attack vectors lurking in the Bitcoin mining ecosystem.

https://twitter.com/Brian_trollz

https://bitcoinmagazine.com/business/is-bitcoin-mining-centralized

PERSON: TWITTER HANDLE

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

Begin 00:00

Intro 00:23

Centralization of the mining stack 01:10

Pools 05:52

Changing SHA256 07:32

Are pools a threat? 11:04

Betterhash & Stratum V2 16:12

Hardware centralization 18:39

Home mining 21:03

Geographic distribution 24:59

Political threats 29:00

Equipment market threats 30:33

New mining projects 36:35

Energy production threats 40:42

Threats related to Compass 45:30

Acknowledging problems 49:32

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Anchor https://bit.ly/3rmb7UF

RSS https://bit.ly/3chpULV

LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. ✍️ Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Happy hashing! 🤝

#Bitcoin #BitcoinMining

Learn more about your ad choices. Visit megaphone.fm/adchoices