Quote from: eb66 on May 20, 2025, 12:59:17 PM

Quote from: notblox1 on November 12, 2020, 12:49:29 PM

--snip--

One day, I feel this event will be seen as a canary in the coal mine.

Today most hashrate goes to Foundry or Antpool (or its vassal pools), backed by financial bindings to those pools in the form of loan covenants and other contract instruments. The common refrain of "The miner can just switch if there's a censorship attempt" no longer holds water, as who is the miner here? It isn't a cypherpunk with some rigs in their garage... Miners are business owners, with skin in the game and financial obligations, and they can't break contracts and stay in business.
--snip--

It's also worth to mention it may not be trivial to change pool, depending on how exactly they configure/manage their ASIC.

Quote from: VashaUdacha777 on Today at 08:47:42 AM

Your concern is valid, and many in the Bitcoin community same Cool

Why Binance Pool's Rapid Growth Is Increasing Excitement When one organization (like Binance) rapidly grows its mining pool, it increases the risk of hashrate centralization. Roll Eyes

and this is very bad in my opinion Sir ! Cry

It looks like you only read OP's thread and somehow missed OP most recent post (just above yours). Back in 2020, OP mentioned Binance pool have 7% hashrate. But latest data shown by OP state that Binance Pool only have about 2% hashrate.