From a coin disc article.
"Bernstein says it expects the U.S. bitcoin mining industry to consolidate to about five large players who will control substantial capacity. There are more than 20 publicly listed miners at present."
First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC
https://www.coindesk.com/markets/2024/05/29/first-mover-americas-btc-consolidates-around-68k-as-ibit-overtakes-gbtc/
Each having is just going to make it easier for the US government to control more than 51% of the #Bitcoin mining hash power and stop transactions if they wish. Since Bitcoin is not fungible, it can totally be blocked.
#Monero
shortwavesurfer2009 /
npub1ge0…jcs3
2024-05-29 14:20:30
Author Public Key
npub1ge0tzdqy6useekgu9d9g5l3s3t2wpx7p9xxuprz7ajzjaxl4mgyssejcs3Published at
2024-05-29 14:20:30Event JSON
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"pubkey": "465eb13404d7219cd91c2b4a8a7e308ad4e09bc1298dc08c5eec852e9bf5da09",
"created_at": 1716985230,
"kind": 1,
"tags": [
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"content": "From a coin disc article.\n\n\"Bernstein says it expects the U.S. bitcoin mining industry to consolidate to about five large players who will control substantial capacity. There are more than 20 publicly listed miners at present.\"\n\nFirst Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC\nhttps://www.coindesk.com/markets/2024/05/29/first-mover-americas-btc-consolidates-around-68k-as-ibit-overtakes-gbtc/\n\nEach having is just going to make it easier for the US government to control more than 51% of the #Bitcoin mining hash power and stop transactions if they wish. Since Bitcoin is not fungible, it can totally be blocked.\n\n#Monero",
"sig": "3618979de2bd091a4d92a5d87a48deb720dcb2a6221dc4aef42b9937b49c5cacab3401dc825b81ae98bbb146e0af19b7582867acab661e2d71a119c9dfd14cc8"
}