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Edited on 19/09/2025, 13:21:44 UTC
Quote from: charrles on September 19, 2025, 12:30:29 PM
I heard that most of the miners are located in China. Thus we can say that most hash power is controlled by some regions. Can we still call Bitcoin decentralized if its backbone infrastructure is so centralized?
What do you mean be backbone structure?

Bitcoin protocol is decentralized and the action of miners doesn't in any way alter the protocol. Miners only work is to confirm transactions into a block and store in the Bitcoin Blockchain thereby securing the network. Miners maintain the integrity of the Bitcoin Blockchain.

The hash power you mentioned is used in finding newer blocks, miners with more hash power can find the valid hash that would be used in confirming a block of transactions faster than those with lower hash power.

Bitcoin decentralization is at the protocol level and not on the network layer where  miners actions existsare still decentralized too since there's not only one set of miners operating even in the US with the highest hash power.
Original archived Re: Is Bitcoin truly decentralized if mining power is concentrated in a few regions
Scraped on 19/09/2025, 12:51:25 UTC
Quote from: charrles on September 19, 2025, 12:30:29 PM
I heard that most of the miners are located in China. Thus we can say that most hash power is controlled by some regions. Can we still call Bitcoin decentralized if its backbone infrastructure is so centralized?
What do you mean be backbone structure?

Bitcoin protocol is decentralized and the action of miners doesn't in any way alter the protocol. Miners only work is to confirm transactions into a block and store in the Bitcoin Blockchain thereby securing the network.

Bitcoin decentralization is at the protocol level and not on the network layer where miners actions exists.