We need a competitor to bust the Bitmain monopoly

 

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As long as the majority of miners are supplied by a single company, bitcoin will be in danger of subversion. Even buying bitmain hardware to mine on other pools creates profit for bitmain to reinvest in their own hashrate. We need a competitor who can provide mining hardware at comparable cost. I hate to say it, but Bitcoin needs an arms race.

submitted by /u/mshadel
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247 Bitcoin

Bitcoin & Crypto & NFT News

247 Bitcoin -1 Bitcoins -247 BTC - 1 Crypto - Kryptous

1 News - 247 News - 1 Search - 1 eBooks

 

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