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11min chapter
THE MINING POD: Decentralizing Bitcoin Mining With Bitcoin Mechanic
CoinDesk Podcast Network
Decentralization Dilemma in Bitcoin Mining
This chapter explores the challenges of decentralization in Bitcoin mining, focusing on the influence of major players like Bitmain and the complexities involved in operating mining pools. It contrasts different payout models, discusses operational risks, and examines the competitive landscape, highlighting the struggles of smaller miners in a profit-driven environment.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode