"lower prices lead to centralization"

[boxalex]

@zooko

From Technical AMA w/ Zcash team December 14, 2018 noon PST - #77 by paige

1. We’re aware that lower prices leads to centralization.

I don’t know if I agree withthis. Maybe with lower prices, the for-profit (and large) mining operations shut down, leaving a diverse collection of hobbyist, ideological, and small-scale miners. Or maybe the opposite! Who knows.

@zooko
Are you really sure that Bitmain for example will shut down it’s mining operations with 2 cents per kw/h compared to the rest of the private miners?

Here the link to my project comparing who what pays in what country/region worldwide. Pretty sure this makes it very clear that Bitmain with 2 cents at one of its mining facilties and 4 cents at it’s other won’t shut down anytime soon …

For everybody interested in electricity prices worldwide compared to what bitmain pays here the link to my “electricity prices lead to mining centralization” project:

Mining Centralization / Worldwide Electricity Prices / and much more

I’am trying to make an interesting topic based on electricity prices by countries and regions, but not limited to as i plan to include many other factors like: population, buy power just to mention some. This is a step by step project as it consumes realy a lot of time for reading, researching, searching, translations, comparing and even listing and writing down all the info. In case you find this information usefull, feel free to donate (adresses at the end of the topic). Here the first raw r…