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110 sats \ 1 reply \ @SimpleStacker 15 Aug 2023 \ on: 53% of global bitcoin hash rate is KYC'd bitcoin
Foundry advertises KYC as a feature in its front page so clearly this is something the majority of their miners actually want. Most likely this is considered a compliance / risk mitigation feature. Wouldn't be surprised if their financial partners also require it
risk mitigation
Regulatory risk makes sense on the part of the pool ... I guess big miners might be afraid of participating in a pool with "bad guys."
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