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43 sats \ 1 reply \ @quark OP 4 Jul \ parent \ on: What is going on with the hashrate? bitcoin
Unhealthy miners go out. Yes. But those are miners with old equipments, or high energy costs. But if only large-scale miners are able to afford the most energy-efficient methods of mining, it leads to centralization in the nework. Which could be bad for censorship, or regulations and who knows. I hope I am wrong. Decentralization is key.
nobody said the unhealthy miners are the small ones
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