Digging Into The Data Of Bitcoin Mining Decentralization
The Bitcoin mining landscape has undergone shifts over the past year due to China’s crackdowns. Here’s some data that shows how decentralized the BTC network currently is. State Of Decentralization On The Current Bitcoin Mining Network One way to study about decentralization in the BTC mining network is to go through hashrate dominance data of […]
Related News
What role are mining pools playing in ensuring decentralization as record hash rates and difficulty levels roll in? The post As Bitcoin Mining Becomes More Competitive, Will Pools Ensure Decentralization? appeared first on Bitcoin Magazine.
Starlink may be the missing piece for mining decentralization to reach the far ends of the Earth where energy is cheap but internet access is lacking.
With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine.
Bitcoin expert Andreas Antonopoulos explains why faster mining chips and slamming into the Moore’s Law “wall” will be “a very good thing” for decentralization moving forward. Mining Arms Race Slows at 16nm Chips. Speaking at D10E event in San Francisco in July 2016, Andreas Antonopoulos focused on the architecture of power and the trade-offs between....
In the world of Bitcoin mining, the concept of decentralization versus centralization has been a subject of ongoing debate. Recent data from Hash Index has shed new light on this discussion by revealing that public miners make up just 28% of Bitcoin’s global hash rate. This statistic challenges the notion that miners hold central control […]