You are viewing a single comment's thread from:

RE: Bilderberg and Bitcoin

in #bilderberg7 years ago

Well I've read that BTC mining is becoming more centralized as the cost for ASIC rigs(the only ones that make BTC mining worth it) continue to climb. I vaguely remember a time when you could get decent mining rewards from a nice homemade GPU rig. No more. So if a smaller and smaller group is gaining a monopoly on BTC mining they would celebrate high transaction fees because those high fees would be split among a small and rapidly shrinking pool. Am I off on this?

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 96270.61
ETH 3631.10
USDT 1.00
SBD 3.88