Bitcoin Magazine
The Future of Bitcoin Mining is Distributed
In a recent video interview by Bitcoin Magazine, Troy Cross, Professor of Philosophy and Humanities at Reed College, delves into the topic of his latest article for Bitcoin Magazine’s “The Mining Issue,” titled “Why the Future of Bitcoin Mining is Distributed.” Watch the full discussion here.
In the interview, Troy explores the centralization vectors in Bitcoin mining and presents a compelling argument for the decentralization of hashrate. Despite the economies of scale that have given rise to mega mining operations, he highlights a critical—and potentially economic—imperative for distributing mining power, offering insights into the future of Bitcoin’s infrastructure.
The following article is featured in Bitcoin Magazine’s “The Mining Issue”. Subscribe to receive your copy.
Table of Contents
Intro
The Attack
How Did Bitcoin Mining End up in Large U.S. Data Centers?
Why Mining Wil
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