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BitFury Pulls 1PH/s of Mining Power from Ghash.io Amid Bitcoin Community Uproar
- sillysaurus3 12y ago"Ghash.io accounted for roughly 48% of the bitcoin network’s total hashing power" As time goes on, >51% control over hashing power becomes inevitable due to specialization of technology. By the way, http://www.reddit.com/r/Bitcoin/ http://www.reddit.com/r/Bitcoin/ is going completely nuts right now over this. The frontpage has about a dozen selfposts of people freaking out about a 51% attack.
- wmf 12y agoAs time goes on, >51% control over hashing power becomes inevitable due to specialization of technology. Why? Which technology?