Is Bitcoin really decentralized if we consider the enormous market dominance and hash power of Bitmain and the largest mining pools? Listen to Jimmy Song‘s argument about the elements and consequences of centralized mining scenarios to find out.
Don’t forget to check out @jimmysong’s other works on Medium:
https://jimmysong.medium.com/mining-centralization-scenarios-b74102adbd36
Also check out Jimmy’s podcast:
https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw