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ELI5:

Miners join in pools to mine bitcoins to even out their earnings. It's a way to diversify their risk.

Unfortunately, bigger pools let you diversify the best, and this is currently undermining the core tenet of bitcoin, which is to avoid having any one person with central control over the network.

The linked article is suggesting modifying the core software for bitcoin in order to discourage this kind of centralization. Other people, however, think the core software is fine, and that the solution is to instead improve "decentralized mining pool" technology to get rid of the problem.



>bigger pools let you diversify the best

According to the article the big draw is that GHash don't have a fee.




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