Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum
In this video, I discuss the global centralization of Bitcoin hash rate, including Jihan Wu's control over Chinese mining pools.
I also discuss the differences be…
Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum
In this video, I discuss the global centralization of Bitcoin hash rate, including Jihan Wu's control over Chinese mining pools.
I also discuss the differences between mining rigs (ASICs, hashers), mining farms, and mining pools.
Fortunately for Bitcoin, there is an eternal Mexican standoff between nodes, miners, and other parts of the Bitcoin ecosystem that makes Bitcoin very difficult to change or to attack.
Not investment advice! Consult a financial advisor.
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator
Bitcoin Mechanic's article:
https://bitcoinmagazine.com/technical/are-mining-pools-becoming-a-problem-
Pie chart of Bitcoin mining pools:
https://mempool.space/mining
Bitmain:
https://www.bitmain.com/
AntPool & Bitmain Acting as 'a Pool of Pools':
https://www.nobsbitcoin.com/bitmain-antpool-pool-of-pools-report/
https://twitter.com/mononautical/status/1777686545715089605
Ocean Mining:
https://ocean.xyz/
Bitcoin Mining Pools Are Critically Centralized:
https://www.youtube.com/watch?v=bqaBPALIM6c&ab_channel=TFTC
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
Disclaimer
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