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19min chapter
BTC167: How Decentralized is Bitcoin Mining w/ Harry Sudock (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Dynamics of Bitcoin Mining: Capital and Decentralization
This chapter explores the contrasting capital-raising strategies of private and public Bitcoin mining companies, emphasizing the advantages public miners have in issuing shares. It delves deeply into the intricacies of mining pools, decentralization, and the efficiency of block template production, assessing the economic implications for the industry. Additionally, the discussion analyzes transaction fee dynamics and the variances in handling between Bitcoin and Ethereum's mempools, highlighting the operational challenges miners face.
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Discover
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