CD116: Home Bitcoin Mining with FutureBit and Bitaxe
Citadel Dispatch
The Importance of Decentralization in Bitcoin Mining
This chapter explores the issues of mining centralization, emphasizing the need to decentralize hash rate to protect Bitcoin from manipulation by centralized powers. It discusses the dominant position of Bitmain and What's Minor in chip manufacturing, as well as the challenges of building hardware at scale and the potential for new opportunities in the market.
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