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Questions tagged [democratic]

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BitcoinBaron BitcoinBaron Fri Aug 30 2024 | 5 answers 1348

Is bitcoin mining Democratic?

Could you elaborate on the concept of Bitcoin mining being democratic? Is it truly a decentralized and inclusive process, where anyone can participate without discrimination, or are there factors that limit accessibility and participation? Additionally, how does the mining process impact the overall distribution of Bitcoin and its governance structure? Are there any potential concerns or criticisms associated with the democratic nature of Bitcoin mining?

Is bitcoin mining Democratic?

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