Post
Topic
Board Development & Technical Discussion
Re: Why it is said that bitcoin is centralized?
by
Mashuri
on 19/09/2016, 19:42:15 UTC
Much ado about nothing. Miners, especially ASIC miners, are captive to the users. One simple hard fork to a new POW and all that equipment instantly becomes worthless. We want the most efficient miner in the most efficient locations. Paul Sztorc does a great job dispelling this miner centralization FUD: https://www.youtube.com/watch?v=91TufmffIDg