Bitcoin Forum

Hash power must be distributed all over the world.

It is too concentrated in the Chinese pool.

https://miningpoolstats.stream/bitcoin

compost to feed the roots of tulips growing in the 1700's still did not prevent the crash and that plan at least
had some logic to it.

Shame that you didn't head for the door like me and cashed all but out of BTC at $18k after we watched fees hit
$55 per transaction because the price should not had risen over $0.10 but the scammers got too greedy to early
and blew it.

to improve is a lot of ways yes for me how to increase the value of bitcoin one of them by posting with words that are good and reasonable and not arbitrary we type and speak in my opinion so

I agree with you I think so is a simple way that can increase the value of bitcoin I criticize you with logic and that's true of your word

I don't see what hash power distribution has to do with value. The said setup/scenario actually ran for a couple of years with bitcoin's value not being affected too much. Traders control the market; the miners control the supply. Geographic location and hash power distribution doesn't dictate how often can miners offload their coins in the market. Also, miners being concentrated on China doesn't mean a single entity is controlling them. Mind you, there are loads of mining operators in China alone that control is hard to even be established by a single person.