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1  Bitcoin / Mining speculation / Mining New Bitcoins on: August 31, 2017, 04:48:51 PM
I am new to this forum. However, I have concerns over supply against speculation. This maybe answered or dealt with in another thread and would be grateful to someone to point me to that thread.

However, their is a difference between supply against speculation.

How is the supply of the bitcoin controlled/regulated to prevent inflation?

The problem I have is I see this huge racks of miners, but it appears that miners are being used jointly to generate supply as well as speculation. There may be internal dynamics here, but I see this huge farms of "miners" to actually be against the concept of bitcoin - which was seen as a decentralised p2p currency. Maybe its me, but centralised miners seem to be in contradiction to the original principles of a decentralised p2p currency.
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