RE: Bilderberg and Bitcoin

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Bilderberg and Bitcoin

in bilderberg •  7 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?

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