woolcycle on Nostr: Thanks for this interesting response, which I will admit is somewhat over my head. ...

Thanks for this interesting response, which I will admit is somewhat over my head. With regard to #Bitcoin, I frequently hear concerns expressed regarding mining centralisation and my understanding is that the pressure towards centralisation only increases with each successive halving. I think we can agree we have come a long way since Hal Finney & co. were apparently mining #Bitcoin using a CPU - not a GPU, a CPU.

By contrast, the hardware and energy requirement for running a Nimiq PoS validator is much, much lower. So I am interested in whether this might lead to greater decentralisation that centralised PoW mining.