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BCB060_WHIT GIBBS: Weathering BTC Bear Markets & The Decentralization of Mining

Blue Collar Bitcoin

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The Decentralization of Bitcoin Mining

With proof of work, it's a democratized system. The nodes run this thing. The miners are there to provide security, but they don't run the show. Once those people age up ten years, they're going to want to get actively participating in the networks. So that's really where i see thi di continued effect of centralization coming in.

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