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Bitcoin miners

2 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Sep 13, 2017 by Christoph Jentzsch · across every show →

Everything said about Bitcoin miners, oldest first

Sep 13, 2017 neutral
Opinion
Jentzsch: A couple dozen miners could control Bitcoin's network
“And I still think it is decentralized, but maybe not as decentralized as many people think, because there's, yeah, there is a couple of dozen of Bitcoin miners who basically control, could control the whole network.”
Christoph Jentzsch Sep 13, 2017 ▶ 12:10 781: Crypto: What AirBnB Looks Like In Digital Currency World
Oct 23, 2017 neutral
Assertion Supported
Kwon: Bitcoin Miners Burn Energy Because Block Rewards Dwarf Transaction Fees
“You see that the block reward is a hefty, like, hundreds of millions of dollars a year, if not a billion at this point, of rewards. And the transaction fees, In comparison, are much smaller. That's why Bitcoin miners don't care about the transaction fee right …”
Jay Kwon Oct 23, 2017 ▶ 6:35 821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators"
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