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2026-07-30 18:20:54 UTC

Simply Bitcoin on Nostr: JASON HUGHES: "Mining is still quite centralized. That is one of the biggest risks to ...

JASON HUGHES: "Mining is still quite centralized. That is one of the biggest risks to Bitcoin as a whole is the mining centralization."

"We should never have that dynamic where the censorship resistance aspect of Bitcoin is threatened by just a couple of entities. It should never even be possible for a state actor or a handful of people to have that kind of control."

"The closest you can be to the network is to mine your own blocks, self-custody your own Bitcoin and that's the way it should be with a fully decentralized network. And there's not enough of that still."