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Why Centralized Bitcoin Mining Is a Threat to the Network | MiningGrid
Bitcoin mining was designed to be permissionless and decentralized — but is that still true today?
At @bitcoinmenaconf, @MiningGrid sits down with @graminitha1 to break down how mining is becoming increasingly centralized, why corporate concentration poses long-term risks to Bitcoin, and how retail-accessible, self-custodial mining can help rebalance the network.
The conversation covers:
– Why mining centralization threatens Bitcoin’s core principles
– Self-custody vs custodial exposure to Bitcoin
– Whether mining remains sustainable long-term
– The role of retail miners in securing the network
– Why participating in mining can protect your Bitcoin investment
📍 Conference: @bitcoinmenaconf
🎙 Host: @graminitha1
🏗 Guest: @MiningGridSubscribe
00:00 Introduction to Mining Grid and Its Founders
03:00 The Vision Behind Mining Grid
06:03 Core Solutions and User Experience
08:51 Market Expansion and User Journey
11:47 Decentralization vs. Centralization in Mining
15:13 The Importance of Self-Custody
18:07 Sustainability of Bitcoin Mining
20:53 Market Cycles and Future Predictions
23:52 Conclusion and Future of Mining Grid
#Mining #market #BitcoinMENA
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