In January, there was worry in the bitcoin community regarding GHash, a mining pool. It controlled a rising share of the total bitcoin computational power used to mine the cryptocurrency — it’s share was creeping towards the 50% mark. Here’s a sample of what was written in January, when GHash was at a still-distant 42%: “[That percentage puts] uncomfortably close to… Read More|
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’51%’ Fears Rattle The Bitcoin Community
In January, there was worry in the bitcoin community regarding GHash, a mining pool. It controlled a rising share of the total bitcoin computational power used to mine the cryptocurrency — it’s share was creeping towards the 50% mark. Here’s a sample of what was written in January, when GHash was at a still-distant 42%: “[That percentage puts] uncomfortably close to… Read More