this post was submitted on 09 Mar 2024
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Lemmy Shitpost

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[–] [email protected] 1 points 8 months ago (1 children)

Alright, do you mean concentration in hash rate (mining)?

[–] [email protected] 1 points 8 months ago* (last edited 8 months ago) (1 children)

don't recall, it covered both bitcoin and etherium and investigated who owned what. ill see if i can't find it. edit: this seems to be the academic version of it, but theres a prettier journalism version with more stories and pictures: https://arxiv.org/abs/2206.02871

in this case i seem to have misremembered owners vs miners, but I'll keep poking around. this one is also older than i remember.

[–] [email protected] 1 points 8 months ago

That is super interesting! But yeah, that was really early days. Hash rate centralisation could of course still be a problem today but it was most likely 100 times worse in 2011.