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Bitcoin Mining Pool Centralization (Bad News)

Join the private Bitcoin forum: https://www.bitcoinuniversity.com/bit... In this video, I discuss the global centralization of Bitcoin hash rate, including Jihan Wu's control over Chinese mining pools. I also discuss the differences between mining rigs (ASICs, hashers), mining farms, and mining pools. Fortunately for Bitcoin, there is an eternal Mexican standoff between nodes, miners, and other parts of the Bitcoin ecosystem that makes Bitcoin very difficult to change or to attack. Not investment advice! Consult a financial advisor. SHA-256 hash calculator: https://xorbin.com/tools/sha256-hash-... Bitcoin Mechanic's article: https://bitcoinmagazine.com/technical... Pie chart of Bitcoin mining pools: https://mempool.space/mining Bitmain: https://www.bitmain.com/ AntPool & Bitmain Acting as 'a Pool of Pools': https://www.nobsbitcoin.com/bitmain-a...   / 1777686545715089605   Ocean Mining: https://ocean.xyz/ Bitcoin Mining Pools Are Critically Centralized:    • Bitcoin Mining Pools Are Critically C...   I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #bitcoinmining Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.