7 sats \ 1 reply \ @machuPikacchu 9 Jun
Don't trust Bitdeer.
Their CEO, Jihan Wu [1], is the cofounder and Chairman of Bitmain which already has a monopoly on ASICs and through Antpool, F2Pool and others controls the block template for roughly 50% or more of the global hashrate [2].
Bitdeer is just a way for him to obfuscate his already concerning influence on the bitcoin ecosystem. The fact he put out this press release about "transparency" should raise alarms for all of us.
- https://en.wikipedia.org/wiki/Jihan_Wu
- https://www.tftc.io/bitcoin-mining-centralization-risks-matt-corallo/
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0 sats \ 0 replies \ @Roll OP 9 Jun
thks for the precision
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