0 sats \ 0 replies \ @DeezSats 16 Sep 2022 \ parent \ on: Hash rate new high! 240,000,000,000,000,000,000 computations EVERY second⚡️ bitcoin
Regulatory capture as mentioned in Shinobi's article
https://bitcoinmagazine.com/business/bitcoin-mining-concentration-in-america
The concern I was raising was about deputized tax and KYC compliant cantillionaire mining companies adding endless amounts of their own hash at a loss to drive out all other miners until they own enough hash for their puppet masters to perform regulatory capture
Is this a realistic concern? It seems like an attack vector they are gunning for.