Democratizing Bitcoin's hash rate takes center stage at mining summit

Cointelegraph

Published Nov 24, 2020 12:06PM ET

Updated Nov 25, 2020 02:00PM ET

Bitcoin (BTC) mining continues to ramp up following the successful May 11 halving, but growing industry concentration could undermine the “democratization of hash rate,” according to a panel presentation at this year’s Mining and Investment Summit.

Hosted by Matrixport and sponsored by Bitmain, the 2020 Mining and Investment Summit was held virtually Tuesday morning, bringing together the "leading companies in the fields of cryptocurrency mining and digital asset financial services.”

Bitcoin mining pool distribution by BTC.com

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