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Author Topic: A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards  (Read 950 times)

Offline sirty143

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A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards
« on: April 13, 2024, 09:27:47 AM »
A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate... See more for yourself here.

Your opinion is greatly appreciated.
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A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards
« on: April 13, 2024, 09:27:47 AM »

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Offline ABCbits

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Re: A Single Custodian Oversees Nearly Half of Bitcoin's Block Rewards
« Reply #1 on: April 16, 2024, 11:32:59 AM »
Even after looking at transaction mentioned on the source, it's hard to believe multiple Bitcoin mining pools would use custodian service. I doubt miner who join one of those pools knows about this finding. It's just more reason to revive Bitcoin's P2Pool (decentralized mining pool).
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