Quote from: Bitcoin_Arena on Today at 10:25:08 PM

Quote from: tippytoes on Today at 09:55:45 PM

What this news implies is that there are still miners who believe that bitcoin mining is a profitable business.

Or it could mean that institutions with huge mining farms could be making massive profiles while those with small mining farms get kicked out which could spell centralization of Bitcoin mining.

Quote from: tippytoes on Today at 09:55:45 PM

With more miners, let's hope that the transaction fees will improve as well as the duration of every transaction.

The transaction fees has directly nothing to do with the Number of miners. It's mostly affected by the number of transaction in the mempool, bitcoin network difficulty

I honestly don't see how mining centralization is actually a problem. Even if one corporation/government got a hold of 51% or more of the hash rate, an attack wouldn't go unnoticed and would then cause a mass exodus of the network which would render their coins worthless. No matter how much hash rate and entity has, they are always incentivized to do what's best for the network.