Bitcoin is just as reliant on Bitmain as Facebook are on their servers, we're lucky that there's been no disaster with the monopoly of mining.
I beg to differ. Bitmain may have the majority of the hashing power of the whole network,
i beg to differ and differ
bitmain doesnt have majority.
also the pools like antpool are actually not managed by bitmain.
just check out the blocks solved by 'antpool'. you will notice a pattern of atleast half a dozen block reward addresses and each have their own settings
meaning its not one entity but half a dozen different entities of different management. where by some prefer 'empty blocks' some prefer to include segwit, some dont. which shows they are not managed by the same biased management.
also bitcoin do not manufacture the chips TSMC do.
so its worth researching more and script reading reddit FUD less
i know alot of people just want things to go back to GPU mining. but the hypocracy of that is that then people will cry how AMD-ATI thn own GPU mining
but anyway.. th point i was gonna make is
the pools are geolocated in half a dozen countries just for the ones tagged as "antpool", and managed by different people
at very best the analogy is that antpool is just a franchise licence brand owner. that allows franchisee's around the world to set up their own farm and get cheaper supplies by tagging their hashrate as antpool
