it just spreads the proceeds of creation out over more miners
It doesn’t necessarily do that either. The more mining gets specialized, the more centralization we see.
Fair. For added precision, “spreads the process of creation out over more dollars worth of mining equipment”.
It doesn’t necessarily do that either. The more mining gets specialized, the more centralization we see.
Fair. For added precision, “spreads the process of creation out over more dollars worth of mining equipment”.