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0 sats \ 1 reply \ @benwehrman 6h \ on: OCEAN mining pool - Bitcoin Mechanic here - AMA AMA
How do you describe the importance of Ocean to a non-technical newbie who isn't proficient in the dynamics of the Bitcoin Mining market? Give me the elevator pitch
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14 sats \ 0 replies \ @BitcoinMechanic OP 6h
Mining has a bunch of elements, hashing is just one of them.
Miners only hash these days which means the guys who choose what goes in/doesn't go in to Bitcoin's blockchain became a tiny centralized group. This means Bitcoin is censorship resistant to the extent we trust that group rather than PoW. This undermines everything and makes us look like every other "DINO" crypto.
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