Like Bitcoin and Bitcoin Cash, Bitcoin SV has large mining pools, each with a significant share of its SHA-256 hashrate. However, unlike the others, BSV has a nearly 44% majority who are “unknown,” according to data published by Coin.Dance. Comparing the above to Bitcoin’s same period chart, about 500% of the blocks in Bitcoin SV are mined by “unknown” compared to Bitcoin. The situation led a Reddit user, who probably didn’t notice that the “unknown” miner doesn’t have to be a single outfit, to ask if an attack “is developing.” Three Pools Control Far More Than Anyone Else in Bitcoin
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Bitcoin may be global, but it's still a small community. This is why a recent Fast Company South Africa story attracted international commentary – and …
Google Alert – bitcoin
The ban of all bitcoin and virtual currency-related advertising from the online portals of China’s largest search engine, Baidu, has thrown the fate of cryptocurrencies into a dicey state in the world’s largest market for bitcoin trading and mining. As China literally controls the bitcoin market, this move is likely to have a multiplier effect on the entire ecosystem. Though the reported […]
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