Financialization Of Bitcoin Mining – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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This year at Bitcoin 2022, mining took a spotlight. At the Mining Stage and Lounge, great conversations were had about the future of the industry. Mining is an incredibly important part of Bitcoin — it’s how new coins are created and distributed. Bitcoin mining has transitioned from the basements and backyards of dedicated Bitcoiners to massive ASIC farms operated by large corporations. As bitcoin scales to become a globally used network, the incentive structure for bitcoin mining lends itself to increasingly large corporate structures related to mining. This leads to changes in the way that miners are valued and financed.

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