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In Bitcoin's (admittedly short) history we've seen miners voluntarily switching away from more profitable mining pools because those pools were approaching a ma
by tlrobinson 13y ago
In Bitcoin's (admittedly short) history we've seen miners voluntarily switching away from more profitable mining pools because those pools were approaching a majority share of the network.
I have a hard time seeing a majority of miners sabotage themselves like this, but preemptive solutions are definitely worth looking at.
- URSpider94 13y agoYou don't need a majority of miners. A pool of any size can perform this gambit and achieve profit out of scale with their contribution.