Replies (20)

If you don't have 51% of the mining capacity, the network, the network is secure. NOBODY will have 51%, it would cost billions. Also, it would be fruitless, absolute control of the network would mean zero confidence in it, thus, no value in #BTC.
It absolutely fucking is. Governments are cunts. You specified mining though, there's little they can do about that. They can regulate it, of course, but miners will just move their rigs!
It simply amazes me at how the miners who have the ability to move their hash to a smaller pool just won’t do it out of greed… Not like it matters when the largest pools are the people making the miners… I wonder how much of bitmains hash rate is actually distributed?
Sigh, same here. I think a lot of miners didn’t fully realize what it takes to run these machines, and so they think they need a pool with lower variance.. another decision they’re not fully thinking through. 🤷‍♂️
The big mega miners can’t move though.. they’re publicly traded, govt-regulated companies. Their shareholders will require them to comply.