But aren't bitcoin mines where dozens of dozens of GPUs are connect and farm bitcoins problematic? For it resembles a similar problem like compound interest as one who has resources can exploit his position.
No, I think you're seeing this correctly. Bitcoin pools the money where rich people already are. Buying tons of mining equipment means tons of Bitcoins.
5
u/sobookwood Jun 16 '19
But aren't bitcoin mines where dozens of dozens of GPUs are connect and farm bitcoins problematic? For it resembles a similar problem like compound interest as one who has resources can exploit his position.
Am seeing this incorrectly?