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RE: POW Mining – Time to Get Out?
Very good post! Very interesting dynamic here related to Bitcoin... If miners are out of the market in the long-term, who will support the market? Do we rely on big company to continue dominating the mining space? What consequences could that have to adoption and the overall technological development? Thanks for the perspective!
You've hit on one of the key questions that has very negative consequences, especially with Bitcoin, where the difficulty retarget is 2 weeks. It could literally freeze up!