Why are people busting out about the fact Elon and Saylor are talking with minders about reporting their energy mix?
Because malicious people such as Elon Musk don't care about bitcoin or the miners' energy consumption. All they care about is their own pocket and their public image. And Elon is milking the situation as much as he can which is what makes people who aren't blind, angry.Quote
And about “centralizing miners”, only large huge miners have a chance at getting a block so it’s already conglomerates mining. How decentralized is mining really? That can’t be the reason. Thoughts?
Miners are fully decentralized as they are individuals who have made the investment in mining equipment and are spread across the globe.Mining pools (that those miners connect to) are also decentralized since we already have about 20 of them each having multiple servers in different locations and the biggest one only has about 17% of the total hashrate. This doesn't change anything about decentralization of mining because mining pools don't own the hashrate, they are just servers where miners connect to in order to share the work.
