0 sats \ 1 reply \ @WeAreAllSatoshi 24 Jul 2023 \ on: BlackRock Buying All Bitcoin Miners? bitcoin
You mean buying all the mining companies? Because the decentralized nature of Bitcoin would preclude them from buying them all. Independents run their own, new companies pop up and aren’t for sale.
It was a hypothetical question about what would happen if Blackrock bought all the mining equipment. He's contrasting the resilience of the Bitcoin network with POS networks like Ethereum.
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