I’m trying to figure out how the bitcoin mining industry works, as Ivan says, the people who got rich in the gold rush were the ones selling the shovels, so I am trying to find information about the companies making the miners.
it seems like it has consolidated to a few companies that could give the new bitcoin miners out to their friends first? (why wouldn’t they do this, they have a limited supply and high demand)
if bitcoin becomes mine-able by only handful of companies only, doesn’t that create problems?
it seems like a huge part of the bitcoin picture i’m surprised it wasn’t in the beginner course.