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pkt | 1 months ago (raw) | root | parent | reply | flag +15 
 This is not a great decentralization success story.

What we actually have is a pool mainly used by a small number of relatively large hashers. A real decentralization success story would be if the number of individual hashers was so large, coinbase payouts were completely impractical, and almost everyone was getting paid by Lightning.

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FrankCorva | 1 months ago (raw) | root | parent | reply | flag 
 Yes.
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Baz. | 1 months ago (raw) | root | parent | reply | flag +1 
 It's progress
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Lea | 1 months ago (raw) | root | parent | reply | flag 
 @bryan
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bryan | 1 months ago (raw) | root | parent | reply | flag +1 
 How do we get more people to recognize the risk of mining centralization and move to ocean or somehow break up the monopoly on hash rate?
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LoneRangir | 1 months ago (raw) | root | parent | reply | flag 
 What a bad take.  

Who else is even paying out from the coinbase transaction?
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pkt | 1 months ago (raw) | root | parent | reply | flag 
 Who care? Coinbase payouts are a way to avoid custody risks. They don't make a pool decentralized. If anything they increase the cost for a pool's hashers to be decentralized as during high fees they're wasteful.

Lightning payouts are much more important than to hashing decentralization, as they make it possible for large numbers of small miners to get paid on time.