evanbaer on Nostr: That was true in the past, but I think this is less true now. Much hashrate is ...
That was true in the past, but I think this is less true now.
Much hashrate is corporate now, and is tied to loan covenants that bind the hash to specific pools (looking at you, Foundry)
When it is a question of breaking legal agreements to move the hash, it won't easily switch pools as it did in the past
Published at
2025-04-04 18:33:45Event JSON
{
"id": "05072797ba31c76af80af689d3bac9f8572cde066f8357bae633911fcec6e56e",
"pubkey": "3d2c8ac838883378f59e1bc080e1f69cc3c212c109b99e41cc21ecac5cff1ff0",
"created_at": 1743791625,
"kind": 1,
"tags": [
[
"e",
"02fe1f253b016702b989f659c8cea1e0aa6075976f318b2ca8942f7713d255a2",
"",
"root"
],
[
"p",
"3d2c8ac838883378f59e1bc080e1f69cc3c212c109b99e41cc21ecac5cff1ff0"
],
[
"e",
"d95ed8a0d91b91826553bb03a068bf6bdd66b4d1795a449a934bbe63876534ba",
"",
"reply"
],
[
"p",
"92e9f2b0a41ce3336e574600fbb8bff937ae61932b2d34fdc399fdca23b77978"
]
],
"content": "That was true in the past, but I think this is less true now.\n\nMuch hashrate is corporate now, and is tied to loan covenants that bind the hash to specific pools (looking at you, Foundry) \n\nWhen it is a question of breaking legal agreements to move the hash, it won't easily switch pools as it did in the past",
"sig": "603bc6bab08b125aa896a8394c9fa3764ace498c7db6bcf2d666ad3dea0b62b95f81366a385cca77f85b3084f9965706b70c41e0abd0835cdfedce1944d8be2f"
}
