19min chapter

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BTC014: Bitcoin Mining and Energy w/ Marty Bent and Harry Sudock (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Decentralization and Control in Bitcoin Mining

This chapter examines Bitcoin mining, particularly focusing on the misconceptions surrounding China's ability to control the decentralized network. It discusses the importance of full nodes, the implications of potential 51% attacks, and the geographical shifts of mining operations from China to the U.S. Additionally, the chapter highlights critical discussions on scaling debates and governance within the Bitcoin community, emphasizing the significance of maintaining network integrity.

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