BitcoinGauntlet on Nostr: This could further exacerbate the mining-centralization-through-compliance problem ...

This could further exacerbate the mining-centralization-through-compliance problem that Bitcoin Mechanic highlighted last week.

quoting note1rvy…yyt9

📰 News Alert:
🔖 Title: Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
🗓️ Published: Thu, 30 Jan 2025 13:38:25 +0000
📄 Summary: Grayscale's new ETF, MNRS, provides investors with exposure to Bitcoin mining firms and infrastructure without directly investing in BTC. This move could potentially impact the market by attracting more investors to the mining industry, with future implications for the overall cryptocurrency market.
🔗 https://cointelegraph.com/news/grayscale-bitcoin-miners-etf-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph.com News
#bitcoin #crypto #news