Is There a Risk of a Cryptocurrency Pool?

As the mining sector becomes more institutionalized it’s important for the Bitcoin community to always focus on building systems that are as decentralized as possible. From supply chain to block propagation, all aspects of the mining technology stack are potential failure points.

In this episode we talk with Shinobi, Co-host of Block Digest about various centralization attack vectors lurking in the Bitcoin mining ecosystem.

https://twitter.com/Brian_trollz

https://bitcoinmagazine.com/business/is-bitcoin-mining-centralized

PERSON: TWITTER HANDLE

Will Foxley: https://twitter.com/wsfoxley

🎥 TIMESTAMPS:

Begin 00:00

Intro 00:23

Centralization of the mining stack 01:10

Pools 05:52

Changing SHA256 07:32

Are pools a threat? 11:04

Betterhash & Stratum V2 16:12

Hardware centralization 18:39

Home mining 21:03

Geographic distribution 24:59

Political threats 29:00

Equipment market threats 30:33

New mining projects 36:35

Energy production threats 40:42

Threats related to Compass 45:30

Acknowledging problems 49:32

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Happy hashing! 🤝

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