Bitcoin Q&A: Is the Centralization of Mining in China a Problem?
Channel: aantonop
Date: 2016-05-19

Keywords: Is centralization of mining in China a problem? Advancements in hardware for mining, Moore's law, xenophobia
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Chapters
0:00 I have been thinking about the centralization of mining in China
1:46 We have now reached 16-nanometer fabrication, which means the 10,000x performance increases and two- to three-month obsolescence periods are over
3:02 All of the factors that made Chinese centralization happen are being unmade
4:10 People mining in China are directly opposing their government by doing it, and they are taking enormous risks