Proof-of-Work mining is an exclusive club

AndrewIdena

New Member
Oct 21, 2019
2
0
Very few mining pools control the Bitcoin network in one area at great expense:
- 19 mining pools
- 3 pools control 51% of the hashrate
- 80% of the hashrate is in China
- $0.05 is breakeven cost per 1 KWh
Source: https://btc.com/stats/pool?pool_mode=month

Have you checked out Proof-of-Person consensus? idena.io