CalmNinja

But you gotta wonder if them having low fees is just a tactic to pull everyone in and centralize more. They need just a bit more to climb the ranks.

Honestly, their low fees are attractive. If I had more gear, I might consider joining their pool because why not take advantage?

That’s pretty wild! I stopped using Viabtc after learning that. Bitmain has way too much control.

Totally agree. It’s not just about location; ownership matters too. We have to consider exchanges as well since they play a huge role in the mining ecosystem.

Decentralization is a tricky term though. 70% of pools are in China, so you could argue it's centralized despite some pools being smaller.

I've been keeping an eye on the distribution of Bitcoin mining pools lately and honestly, it's looking a lot more decentralized now. No pool holds more than 18% of the hashrate currently, which is definitely a positive…