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A comment on Ghash.io very close to 51% of bitcoin pool. Parent comment
That's not possible with the mining pools. The pool operators simply do not have that kind of power, and they will never have it.
Their power derives from people who can leave them by literally clicking a button. Not much room for power to be abused in that situation.
Yes, there could be a window of maybe 20-30 minutes when a pool operator could do something wrong. But that window would come to a swift end.
And that's not what this thread is about anyway.
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That's not possible with the mining pools. The pool operators simply do not have that kind of power, and they will never have it.
Their power derives from people who can leave them by literally clicking a button. Not much room for power to be abused in that situation.
Yes, there could be a window of maybe 20-30 minutes when a pool operator could do something wrong. But that window would come to a swift end.
And that's not what this thread is about anyway.