10min chapter

Coin Stories with Natalie Brunell cover image

Bitcoin Mining Special: Roundtable with Five Public Mining Company Titans

Coin Stories with Natalie Brunell

CHAPTER

Bitcoin Mining Industry Dynamics and Decentralization

The chapter explores the evolving landscape of the Bitcoin mining industry, highlighting the competition between major players like Bitmain and MicroBT, as well as the importance of diversification in miner models for industry health. It delves into concerns around centralization, discussing the potential risks of mining pool collaboration and the benefits of maintaining network decentralization through individual pools. The speakers also touch on the increasing ASIC availability in the industry and the potential future trend of large miners running their own pools to enhance decentralization.

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