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2024-01-25 20:56:55 UTC

Vlad on Nostr: Mining pools really took Satoshi Nakamoto by surprise: originally, he assumed that ...

Mining pools really took Satoshi Nakamoto by surprise: originally, he assumed that Bitcoin would be secured by solo miners competing with their computers' processing power.

But as proved in 2010, a collaborative approach makes more sense and helps small players get more frequent (albeit smaller) rewards.

Listen to S15 E8 of the Bitcoin Takeover podcast (featuring Ryan Condron) to learn more about the early years of Bitcoin mining!

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