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this post was submitted on 27 Aug 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Android (Cake Wallet) / (Monero.com)
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Monero, XMR, crypto, cryptocurrency
founded 1 year ago
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Dude, they're mining just like you. What is the big deal?
People view centralization of mining power as a threat.
I get that. What I don't get is how these would help centralize power given they mine at the same efficiency (at best) as everything else.
@IP2 @Giffbro They can ban asic, but can they ban cpu? CPU is everywhere.