Post
Topic
Board Bitcoin Discussion
Re: Mining hash rate distribution
by
RealTimechainofevents
on 01/07/2025, 12:17:59 UTC
hmm genius one from last year brings us to a new genius mouthing total an utter nonsense about who runs the current gear world wide.

no one knows the owner of the worlds hash rate.

because many people have gear.

lots of people have a few machines

and a few people have a lot of machines.

I run $50,000 of my own miners .

7 s21 xps
1 L7

I mine using a host in Iowa

The gear is pointed to viabtc.io

Since viabtc.io has 12% of the worlds gear pointed to it some will say

Foundry 29%
antpool 20%
viabtc.  12%
f2pool.   8%

total.  69%

only four people control the network.

not true as those pools have hundreds of people like myself with 50k to 500k worth of gear pointed to them.

btw scrypt fixes all the imaginary premine issues of sha256
that the new genius mentioned

if you notice ⅛ of my gear points to scrypt for that reason.

and what stops 1 person from owning a lot more gear than you and hiding in differnt pools.

nothing.

1 person can be 51% of the nodes and probably is.

where as if each person could only have the same hashrate and or stake, this can never happen.