Tag Archives: Supply Shock newsletter

Everything in Bitcoin is decentralized — except the blocks

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Eleven years ago, ever so slightly, massive tremors shook the foundation of Bitcoin. One was the presence of Ghash.io, whose hash power was mighty enough to almost rival that of the network. Five years ago, Ghash came into being, an apparently powerful mining pool operated by …

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