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How does bitmain control over 50% of Bitcoin cash? https://cash.coin.dance/blocks/today https://cash.coin.dance/blocks/today Doesn't look like any pool is dom
by sireat 9y ago
How does bitmain control over 50% of Bitcoin cash?
https://cash.coin.dance/blocks/today https://cash.coin.dance/blocks/today
Doesn't look like any pool is dominating unless Bitmain controls many smaller pools.
However, I'd argue that any domination is a side effect of Bitmain being the 1000pound gorilla in BTC to start with. THeir BTC pool is at 20%. (there are a LOT of people unhappy with Bitmain's business practices).
I mean there is no cost effective hash/kw alternative to Bitmain S9s.
The scary thing is that my friends and colleagues are buying S9s because no real alternative exists if you want to mine BTC(and I suppose Bitcoin Cash too)