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"Both Bitcoin and Ethereum mining are very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling more than 50% of the hash rate.
The entire blockchain for both systems is determined by fewer than 20 mining entities."

In other words: decentralization in the crypto space is a myth, just as it is a myth that cryptos are currencies at all.

hackingdistributed.com/2018/01