Popular Bitcoin Mining Pool Promises To Restrict Its Compute Power To Prevent Feared ’51%’ Fiasco

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banker-bitcoin This morning GHash.IO, a popular bitcoin mining pool, announced in a statement that in the future it will “not exceed more than 39.99% of the overall Bitcoin hashrate.” Earlier this year, GHash crested the 50% hashrate mark, sparking fears inside the bitcoin community regarding the so-called ’51% problem.’ The issue isn’t too hard to understand: If any one… Read More