Why Centralized Bitcoin Mining Is a Threat to the Network | MiningGrid

Bitcoin mining was designed to be permissionless and decentralized — but is that still true today?At @bitcoinmenaconf, @MiningGrid sits down with @graminitha1 to break down how mining is becoming increasingly centralized, why corporate concentration poses long-term risks to Bitcoin, and how retail-accessible, self-custodial mining can help rebalance the network.The conversation covers:– Why mining centralization threatens Bitcoin’s core principles– Self-custody vs custodial exposure to Bitcoin– Whether mining remains sustainable long-term– The role of retail miners in securing the network– Why participating in mining can protect your Bitcoin investment📍 Conference: @bitcoinmenaconf🎙 Host: @graminitha1🏗 Guest: @MiningGridSubscribe00:00 Introduction to Mining Grid and Its Founders03:00 The Vision Behind Mining Grid06:03 Core Solutions and User Experience08:51 Market Expansion and User Journey11:47 Decentralization vs. Centralization in Mining15:13 The Importance of Self-Custody18:07 Sustainability of Bitcoin Mining20:53 Market Cycles and Future Predictions23:52 Conclusion and Future of Mining Grid to our channel and hit the bell "🔔" icon to get notifications:https://www.youtube.com/bitcoincomofficialchannel?sub_confirmation=1► Who are we?Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. We make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance. Our mission is to help everyone take ownership of their Bitcoin and their financial future.Buy, sell, trade, earn, use, and learn crypto with the Bitcoin.com Wallet:https://branch.wallet.bitcoin.com/I1dhGnyGNpbStay informed with timely and objective crypto, published daily:https://news.bitcoin.com/Get educated with up-to-date content from Bitcoin.com’s learning center:https://www.bitcoin.com/get-started/Trade permissionlessly on Bitcoin.com's decentralized Verse DEX where you can also earn yield:https://verse.bitcoin.com/► What is Verse?VERSE, which launched in December 2022, is Bitcoin.com’s rewards and utility token. Get VERSE for free in the Bitcoin.com Wallet app, and use it to earn Bitcoin and other rewards.—Join our community and follow us for updates ⬇️►X: https://x.com/Bitcoincom►X News Account: https://x.com/bitcoinnews►Instagram: https://www.instagram.com/bitcoin.com_official/►Discord: https://discord.gg/hux4sugcQS►Telegram: https://t.me/GetVerse►LinkedIn: https://www.linkedin.com/company/bitcoin.com/►Linkedin News Account: https://www.linkedin.com/company/bitcoin-com-news/