BTC203: Bitcoin Mining Decentralization with the Datum Protocol at Ocean Mining w/ Bitcoin Mechanic and Jason Hughes (Bitcoin Podcast)
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Decentralizing Bitcoin Mining: Innovation and Challenges
This chapter explores the dynamics of Bitcoin mining pools, highlighting how rewards are shared through innovative approaches that prioritize fairness and profitability. It discusses the shift towards decentralized solutions, such as the Datum Protocol, which allows miners greater autonomy in block creation while addressing compliance and security challenges. Through various analogies and hypothetical scenarios, the speakers illustrate the operational strategies necessary to enhance miner engagement and optimize revenue.
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