An unresolved problem is enhancing the dependability and quality of human connectivity, and Starlink can resolve that, which will improve decentralisation by changing bitcoin mining.
How Mining Decentralization Can Be Incentivized
Since the Chinese Communist Party's attack on bitcoin mining more than a year ago, the network has seen a network-wide hash rate fall of more than 60%. This is when the great bitcoin mining migration started. Following China's mining restriction, more hash power that was formerly located in mainland China was absorbed by the United States. The hash rate increased once more and hit record levels. Regarding Bitcoin's resilience, there are no issues. One would wonder, though, what can be done to promote network and mining decentralisation in order to lessen the impact of similar attacks on Bitcoin.
Lack Of Internet Access Is A Hindrance In Remote Locations
Despite the fact that mining happens all over the world, miners tend to cluster in areas w...
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