News for hackers. Stuff that matters.
Re:Bitcoin is a Ponzi Scheme – Ajit Vadakayil by ibmocy on Wednesday June 13, 2018 @06:30PM (#17307550)
Both Ethereum and Bitcoin mining is very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling FAR FAR more than 51 % of the hash rate. Was that transparent to you ?
Re:Bitcoin is a Ponzi Scheme – Ajit Vadakayil by andirk on Thursday June 14, 2018 @03:41PM (#17314709)
I believe it is mining pools that control large % of the mining. And they have no interest in destroying the currency they're mining.