Is it possible for Bitcoin miners to control the network?

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Miners have no authority to alter the regulations governing Bitcoin. Any attempt to modify the software on their nodes to benefit themselves, such as receiving increased rewards, would lead to severe consequences.

Specifically, if a miner tries to change the rules, their node would no longer be able to communicate effectively with the rest of the network. This is because the network relies on a consensus mechanism to ensure all participants adhere to the same set of rules.

The Bitcoin network operates on a decentralized principle, meaning no single entity can control or change its rules unilaterally. This ensures the integrity and security of the network.

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