Tuesday, 29 September 2015

Bitcoin Mining Centralization: The Market is Fixing itself

The recent achievement of Ghash.io, the largest mining pool, in attaining 51% hashing power has elicited a huge emotional response from the Bitcoin community. It produced a brief sell-off, which played a minor roll in a recent in the Bitcoin price. Why was the Bitcoin community so afraid of this development?
Bitcoin Mining Centralization: The Market is Fixing itself

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