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Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines

The "What is Money?" Show

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Bitcoin Mining Dynamics: Future Risks and Opportunities

This chapter explores the challenges and implications arising from the concentration of Bitcoin mining pools and institutional investors' influence on mining profitability and security. It discusses how diminishing block rewards and financial instruments may lead to increased centralization, affecting Bitcoin's decentralization and sustainability. The conversation underscores the need for maintaining decentralized mining practices amidst evolving market dynamics and corporate strategies.

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