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The recent "groundbreaking" event in the Bitcoin world: the seven major mining pools have joined forces for a "decentralization" initiative!
75% of the hash power giants have unanimously decided to adopt the Stratum V2 protocol.
Simply put, in the past, the "big cafeteria" mining pools controlled the distribution of mining rewards, and who got what was all up to their mood;
now, miners can make their own decisions, and they get to choose which transactions to include.
This is a historic "counterattack" in Bitcoin's decentralization history.
Why choose to "shake things up" now? Because miners are really having a tough time:
Excessive competition: the total network hash rate and mining difficulty are skyrocketing, but profits just can't keep up.
Losing money to stay afloat: from what I observe, at least 20% of miners are "paying out of pocket," repeatedly teetering on the edge of liquidation.
In this environment, the move toward "decentralization" by mining pools is actually a way to boost miners' morale:
Brothers, the work is tough, but the sovereignty is now in your hands!
As traders, do we understand the logic behind this?
The harder it gets for miners, the more valuable their chips become; the more decentralized the network, the more confidence Bitcoin has.
Although everyone is "fighting," this structural optimization is the foundation of a long-term bull market.
Don’t be scared off by short-term operational pressures—follow me, and I’ll show you what big moves these "hardworking" giants are brewing!
Don’t wait for the market to take off while you’re still counting whose mining rig has stopped. #Gate广场五月交易分享 #Polymarket每日热点 #BTC突破81000美元 $BTC $ZBT