The most contentious issue in the crypto world over the past two years is probably the internal disputes among the mining rig giants. Recently, there were revelations pointing to a co-founder of a leading mining rig manufacturer, with the amount involved reaching tens of billions of dollars.
Speaking of which, this is not a small friction. Former comrades have now gone their separate ways, one taking the helm again, and the other deeply embroiled in controversy. From the early differences in routes to later struggles for discourse power, this business war has consumed not only the vitality of the company itself but also caused substantial impacts on the overall mining industry's computing power layout.
Interestingly, the background of this turmoil is far more complex than it appears. Mining Rigs are no longer just tools for mining; they have become the focal point of global supply chain competition. All parties are watching this market, with scrutiny and geopolitical risks intensifying layer by layer. Internal conflicts within a company may directly affect the distribution of computing power across the entire network.
From the perspective of mining practitioners, this serves as a wake-up call. The original intention of the Bitcoin network was decentralization, but if the computing power is overly concentrated in the hands of a few giants, any slight change from these giants can affect the entire ecosystem. As the old pattern begins to shake, new mining participants and directions of computing power are gradually emerging.
Will this level of volatility have a substantial impact on the network security and mining landscape of Bitcoin next year? Or will the mining prospects of other mainstream coins like ETH and BNB also adjust accordingly? These are all worth continuous observation.
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The most contentious issue in the crypto world over the past two years is probably the internal disputes among the mining rig giants. Recently, there were revelations pointing to a co-founder of a leading mining rig manufacturer, with the amount involved reaching tens of billions of dollars.
Speaking of which, this is not a small friction. Former comrades have now gone their separate ways, one taking the helm again, and the other deeply embroiled in controversy. From the early differences in routes to later struggles for discourse power, this business war has consumed not only the vitality of the company itself but also caused substantial impacts on the overall mining industry's computing power layout.
Interestingly, the background of this turmoil is far more complex than it appears. Mining Rigs are no longer just tools for mining; they have become the focal point of global supply chain competition. All parties are watching this market, with scrutiny and geopolitical risks intensifying layer by layer. Internal conflicts within a company may directly affect the distribution of computing power across the entire network.
From the perspective of mining practitioners, this serves as a wake-up call. The original intention of the Bitcoin network was decentralization, but if the computing power is overly concentrated in the hands of a few giants, any slight change from these giants can affect the entire ecosystem. As the old pattern begins to shake, new mining participants and directions of computing power are gradually emerging.
Will this level of volatility have a substantial impact on the network security and mining landscape of Bitcoin next year? Or will the mining prospects of other mainstream coins like ETH and BNB also adjust accordingly? These are all worth continuous observation.