The content discusses how Bitcoin mining has become increasingly centralized over the years. Initially, Bitcoin miners used to work individually, but as the industry evolved, they started forming mining pools to increase their chances of mining a valid block and sharing the block reward. Currently, only four mining pools contribute to over 59% of the global Bitcoin hashrate. In the last three months, two mining pools received more than half of all Bitcoin supply distribution. The proof of work decentralization is crucial for financial and technical security. The article also mentions that although mining pools involve multiple contributors, it is the pool coordinator who adds transactions to the block and distributes the block reward among miners. The content warns against considering it as investment advice and advises conducting proper due diligence.
AI Sentiment: Neutral
