Get Bitcoin University Premium here:
https://www.bitcoinuniversity.com/join
In this video, I discuss the problem of Bitcoin mining centralization when it comes to block template construction-- and how OCEAN has come up with an exciting new solution in the form of DATUM, which returns control of block template construction to the individual miner.
Not investment advice! Consult a financial advisor.
View the Bitcoin blockchain here:
https://mempool.space/
An example of a Bitcoin mining rig (ASIC):
https://shop.bitmain.com/product/detail?pid=00020240402210032893O1Et7keX0682
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator
Bitcoin mining pools and their hash rates:
https://mempool.space/mining
AntPool & Bitmain Acting as 'a Pool of Pools':
https://www.nobsbitcoin.com/bitmain-antpool-pool-of-pools-report/
A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate:
https://x.com/mononautical/status/1777686545715089605
If you think you are a miner but don't create your own templates, think again, you're not really part of the Bitcoin network:
https://x.com/Jamie7coutts/status/1840883676705669479
OCEAN Unveils Decentralized Alternative Templates for Universal Mining (DATUM):
https://www.nobsbitcoin.com/ocean-launches-datum/
OCEAN dashboard:
https://ocean.xyz/dashboard
First Datum block:
https://x.com/leo_haf/status/1840741712206926201
"Just For Steve" block:
https://mempool.space/block/0000000000000000000199a4372fdbad7972ad3ec50948188456a5d1e4cb0235
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
#DATUM
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
...
https://www.youtube.com/watch?v=hgzUWAuIFEA