Bitcoin Mining Capacity

Antoinette: The original white paper of Satoshi Nakamoto is really very elegant. And it's a brilliant idea to say that we can have distribution of recordkeeping in a wider set of entities and just say a couple of controlling ones. But there is one thing that actually has, you know, now over time turned out to be much more tricky than, say, imagined in this initial white paper. A core premise of the Bitcoin innovation is indeed that mining capacity and with the validation capacity stays very decentralized and distributed. We see that even the miners underneath are very concentrated.