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29min chapter
The Last Trade E069: A Random Walk Down the Timechain with Bob Burnett
Onramp Media
The Mining Dilemma: Centralization vs. Decentralization
This chapter examines the intricate dynamics of the mining industry in the Bitcoin ecosystem, highlighting the detrimental effects of mismanagement by companies like Core Scientific. The discussion addresses the misconceptions surrounding Bitcoin custody and the challenges posed by low-cost services, emphasizing the need for sustainable practices. It further explores the rising dominance of financial institutions in mining and the critical importance of preserving decentralization to maintain Bitcoin's foundational integrity.
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Discover
highlights
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