Bitcoin is dead as decentralized?

[Vika NSFW]

How is distribuited the mining capacity of Bitcoin in this moment?

[Amph]

65% to chinese https://blockchain.info/pools

no pool is at 51% so this can be considered decentralized enough, expecting that the hashrate is perfectly and equally distributed among each person in the world dedicated to the mining, is an utopia...

[Vika NSFW]

this can be considered decentralized enough

How much places like this are existing?
https://www.youtube.com/watch?v=ELA91d_mx80

[Amph]

this can be considered decentralized enough

How much places like this are existing?
https://www.youtube.com/watch?v=ELA91d_mx80

i think that video is old enough that it's not paints well, the real megafarm that are built in china, that farm is a joke in comparison

now there are megafarm of 100 peta and more in china

[Vika NSFW]

now there are megafarm of 100 peta and more in china

Exactly, i'm about, that only few people could to have a big part of mining capacity
in confront of who mine with under $100.000. miners.

[Slark]

As long as there will be freedom to mine as much as you like and have as much hashing power as you could afford we will have huge mining farms.
That is the reality. The same as we have very rich people and bunch of poor ones. Bitcoin/altcoins are no different that life.
We could code a coin and include a mechanism than prevent large centralized pools and farms from mining. Is that possible?

[Vika NSFW]

We could code a coin and include a mechanism than prevent large centralized pools and farms from mining. Is that possible?

This is just realized in Ethereum, if i have understand it right.

[Amph]

We could code a coin and include a mechanism than prevent large centralized pools and farms from mining. Is that possible?

This is just realized in Ethereum, if i have understand it right.

no that is only asic resistant not decentralization, if you want a coin that prevent pool from being efficient you need look no further than spreadcoin

[Vika NSFW]

no that is only asic resistant not decentralization, if you want a coin that prevent pool from being efficient you need look no further than spreadcoin

All, who concentrate great capacity of mining are with asic's, so this is a answer to decentralization problems.
I need study it better.

[Kprawn]

Nobody knows with 100% certainty, who the owners of these pools are and where they are operating from... There are still some large American Bitcoin farms out there, but

from what I have picked up, many are not profitable and might need to close shop after the Halving. The Chinese operations have the advantage with cheap electricity and if

a country outside of China could provide subsidized electricity for mining, they might draw a lot of income their way. A country with cold temperatures like, Alaska or Iceland or

even Canada.