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RE: Curation on HIVE: promoting value creation or extracting value from the chain?

in LeoFinance2 years ago (edited)

Well then we have a problem of misaligned incentives by design.

I had a conversation with a Bitcoiner who explained that miners are incentivized to source the cheapest electricity and highest computing power to increase their probability of mining a bitcoin block. The economic incentive drives up the hashrate also makes the Bitcoin network more secure in the process.