Bitcoin’s hash rate endured a series of significant price drawdowns, yet emerged higher than before. We review the recent explosion in hash rate and look at potential implications for the industry.
I suppose the only solution for miners to be profitable is massive consolidation in the industry. But then the risk of centralization emerges. How will bitcoin stay decentralized and profitable for miners at the same time? This issue has confounded me for quite some time. Please help explain a reasonable solution...
I suppose the only solution for miners to be profitable is massive consolidation in the industry. But then the risk of centralization emerges. How will bitcoin stay decentralized and profitable for miners at the same time? This issue has confounded me for quite some time. Please help explain a reasonable solution...