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256 Foundation

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@256FOUNDATION

Building the open-source Bitcoin mining ecosystem.

501(c)3 public charity.
Nashville, TN 256foundation.org Joined November 2022
14 Following 4.4K Followers 939 Posts

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256 Foundation Verified account @256FOUNDATION
The Bitcoin white paper assumed commodity hardware:

"Proof-of-work is essentially one-CPU-one-vote."

ASICs were a natural free-market evolution. What no one anticipated was 2 vendors controlling nearly all access to the new "CPUs."

As long as mining hardware and software stay permissioned, so does Bitcoin.
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