The role of mining templates and their centralization

Mining templates are crucial for miners to construct blocks in the Bitcoin network. However, the current system is centralized, with only a few entities, such as Bitmain and Foundry, controlling template construction. This lack of decentralization raises concerns about censorship and the alignment of pool motivations with the interests of Bitcoin. The high degree of centralization also limits miners' involvement in the mining process, as they primarily focus on hashing rather than constructing templates.