Please Stop

ElCanut@jlai.lu to Lemmy Shitpost@lemmy.world – 1280 points –
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Alright, do you mean concentration in hash rate (mining)?

don't recall, it covered both bitcoin and etherium and investigated who owned what. ill see if i can't find it. edit: this seems to be the academic version of it, but theres a prettier journalism version with more stories and pictures: https://arxiv.org/abs/2206.02871

in this case i seem to have misremembered owners vs miners, but I'll keep poking around. this one is also older than i remember.

That is super interesting! But yeah, that was really early days. Hash rate centralisation could of course still be a problem today but it was most likely 100 times worse in 2011.