PentaSophia on Nostr: Have you heard the analogy of the three classifications of miners? The mustang miner ...

Have you heard the analogy of the three classifications of miners?
The mustang miner being the midsize.
Don’t recall who put forth the idea.

I think each segment needs to be thought of separately with its own centralization risks.

Personally, I believe we will have very large corporate miners making up a large portion of hash and they will comply with all regulations and sanctions. They will have access to cheap power, possibly their own nuclear generation, and massive data centers to house it all.
But there will also be small miners geographically distributed who are willing to mine the sanctioned transactions and thus they will get higher fees and thus are able to remain competitive.