Oddbean new post about | logout
 🧊 #⛏️  CENTRALIZED game for now A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.  ~700EH/s 1.2Million BTC left to be mined /21M(-6lost) DYOR 4advancedusersonly https://image.nostr.build/b5f2590fe010bc14b39726131f86dc7bef4d3a00f97d00ba493fa7570f03a625.png https://image.nostr.build/e5c8a621db52ed3cc55fd53a69c7933bddda2f4dcdd5f1b74141c63120e07341.png 
https://image.nostr.build/ef60c446d70a14273454b9960f7d5a84ecda7f7d725ec29e561cd42b06e63490.png  
 Damn braiins is fucking with Coinbase ? 
 Centralized for sure. 
 important thing2watch macro level who CONTROLLING mined circulating supply of ~15million coins - so far 12% is under gov control or near gov control