
SLP369 Daniel Frumkin - Calculating Bitcoin Mining Profitability
Stephan Livera Podcast
00:00
Cryptocurrency Mining Ecosystem
Mining pools are used to smooth out variation so that a small miner can not sitting there waiting for, you know, 20 years to find a blockright. But then because they want to be part of the pool, they're currently at the whim of the pool in terms of censorship. And i guess that's, that's kind of the key argument. Although, to be fair, even to day a, the argument is also that miners can simply switch polls,. So if there's one pull that's doing censoring, we can, it's not costless to do this, right? There is some work required. But they can switch pull to one that's not censoring,
Play episode from 24:04
Transcript


