Are there any concerns about btc.com, the largest bitcoin mining pool after they reorged the bch blockchain?
Their owners showed that they don’t care about immutability at all, including doing a 51% attack to reverse the blockchain and they are the largest bitcoin mining pool. They also own the second largest bitcoin mining pool. Doesn’t this concern anyone?
An anonymous reader writes "Bitcoin transactions are confirmed by performing complex calculations, also known as 'mining.'If a single mining pool gains 51% of the overall computational power in the network, various forms of transaction manipulation become possible.Only a few years into Bitcoin's existence, this existential threat appears to be at hand, with Bitcoin mining pool ghash.io ... F2Pool is one of the largest Chinese Bitcoin pool, launched in the year 2013. It is better known as Discus Fish mining pool in the world of Bitcoin mining. Apart from Bitcoin, Litecoin, Ethereum, and Zcash are mined here. The difficulty level in mining is based the hash power, as the site uses stratum mining protocol and vardiff. Name Algorithm Hashrate Price Market Cap Nethash Graph (7d) 1: Bitcoin: SHA-256: 150.01 EH/s: $10650: 197B $ 2: Ethereum: Ethash: 238.66 TH/s: $353: 39.7B $ History: F2pool is China’s oldest bitcoin mining pool, and the second largest BTC pool in the world today after BTC.com. It also operates the third largest ethereum mining operation. SlushPool. Pros: Established medium+ pool, score-based method reduces risk of cheating, user-friendly dashboard Cons: 2% fee may be too much for some people Announced in 2010, SlushPool was the very first Bitcoin mining pool and undoubtedly led the way for many other mining pools to come. Founded by SatoshiLabs current CEO Marek Palatinus (aka Slush), it’s based in the Czech Republic and ...
2 Best and Biggest Bitcoin Mining Pools 2018 (Websites) Earn 0.01 BTC Website 1 : https://btcpool.io/127395 Website 2 : https://citybtc.io/16784 For More Previous Videos How ... Top 5 Biggest Bitcoin Mining Companies AntPool is run by using Bitmain, a Chinese mining hardware agency established in Beijing. It boasts that its technolog... Start mining Bitcoin today: https://pool.bitcoin.com Video: Inside America’s largest Bitcoin mining operation http://bitshare.cm/news/inside-americas-largest... ~ A 3 year old Billion Dollar Bitcoin Mining Company. ~ Top 10 Bitcoin Mining Pool in the world. ~ Verifiable in the Public Blockchain https://blockchain.info/pools In a few years we will also have the biggest mining pool fort he same reason. If you are looking for a trustworthy bitcoin mining company with a long term vision, look no further!