This is a controversial topic I’ve thought about recently and am 100% guilty of doing and still doing (mining to the top hashrate/best pools). Just something to think about and am making aware to you guys for the greater good & future of the Crypto ecosystem. I’m just thinking long term for the space but let’s have some discussion in the comments or say “I’m in it for the money!” honestly that is probably everyone’s mentality including myself but more I think about cryptocurrency developments, the aspect of decentralization, mining pool hashrate centralization, coin networks health, 51% attacks, bad actors in the space, greed and manipulation with certain mining hardware manufactures and coins/trading/exchanges, will all of this stuff hinder certain coins to see crypto mining as a negative(Vitalik/Ethereum)? There’s some other stuff I didn’t get to say in the video. I’m thinking outside of the box and I’m not quite sure if I got my point across. Recently it has me worried for the future to where we are today as a whole. Would love to get your guy’s opinions and thoughts, and what we can do if this matters to you. I appreciate all of you.
Are Miners Centralized? A Look into Mining Pools – https://media.consensys.net/are-miners-centralized-a-look-into-mining-pools-b594425411dc
Why Decentralization Matters – https://medium.com/s/story/why-decentralization-matters-5e3f79f7638e
Why Centralized Crypto Mining Is a Growing Problem – https://www.investopedia.com/investing/why-centralized-crypto-mining-growing-problem/
Example of Mining Centralization (Grin/Zcoin) – https://miningpoolstats.stream/grin-c29
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