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Why would mining companies not consolitdate over time and end up controlling hash rate?

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This tends to happen to many industries over time. Think of any industry since its inception it is much more centralized since it began.

With it really not viable for mose users to mine, what would deter the companies from consolidating. Are we hoping more competition internationally starts to happen?

Also, I am not talking within the next 5 years. I am talking about over the next 50-100 years.

submitted by /u/fnetma
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