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RE: Bilderberg and Bitcoin

in #bilderberg7 years ago

It's really hard to say, but i do also remember Pakman's interview with Roger Ver the other day where he said that the miners were cheering the record high transaction fees / popping champagne...or something to that effect. This may be just an anecdote but why would the miners (or certain groups of miners) celebrate such a thing?! Unless, they were aiming for that.

https://steemit.com/dtube/@davidpakman/zp9x9utr

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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?

And Merry Christmas @tremendospercy!

Merry Christmas mate 😉

miners are getting greedy. How can we have network with users and miners being equal?