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Bitcoin highly centralized, supermajority controlled by handful of companies
Bitcoin is actually highly centralized, with supermajority controlled by handful of big mining (aka hashing) companies.
— Elon Musk (@elonmusk) May 16, 2021
A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. Sound “decentralized” to you?https://t.co/Oom8yzGRNQ