no jonald

Mining centralisation is entirely a result of the companies selling miners taking advantage of their specialist manufacturer status. It's too expensive for a regular entrepreneurs to compete with these outfits, and even if they could, they need access to another limited resource: processor fabrication plants (which is also a politicised just oligopoly like the Bitcoin miner business is)


Miners aren't to blame, the mining monopolists are. The only way to break that monopoly is to change the technology so that the mining market becomes easy to enter. We must change the PoW algorithm to something that can't be easily made into a specialist processor, to lower the barrier to entry in the mining market.