Study Reveals Centralization of Bitcoin Mining Pools Under Single Custodian
Bitcoin mining has become perilously centralized, with a single entity holding coins mined by nine major pools, thereby controlling approximately 47% of the network’s hashrate, according to a report by BitMEX. The document references a post by a user named mononaut on X. According to his data, an unnamed custodian has amassed bitcoins from AntPool, […]