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Bitcoin Mechanic: Is Bitcoin Too Centralized? Mining Pools & Freedom Money vs State Surveilled SoV

Coin Stories

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Bitcoin Mining: Navigating Centralization Risks

This chapter explores the intricacies of Bitcoin mining, emphasizing the critical choices miners face between cash flow and altruistic methods. It discusses the growing centralization threats posed by regulatory pressures and mining pools, while comparing Bitcoin mining dynamics to oil extraction. The conversation advocates for vigilance in preserving Bitcoin's foundational principles of decentralization and privacy amid potential challenges in the evolving political landscape.

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