Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network
A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. Also Read: Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders Researchers Argue China is the “Most […]
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This weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder to obtain. Also read: How to […]
Over the past year or so there’s been a lot of discussion concerning ‘attacks’ on the Bitcoin network. Across forums and social media, the subjective valuations from bitcoin proponents of what an ‘attack’ on the network really is has become an extremely contentious topic. Also read: Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy The […]
