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Bitcoin => Bitcoin Discussion => Topic started by: Slim2017 on December 20, 2016, 11:52:10 PM



Title: Smaller Pools Are Diversifying the Bitcoin Mining Industry
Post by: Slim2017 on December 20, 2016, 11:52:10 PM
Bitcoin mining has become an advanced competitive market alongside securing the network. Over the years the mining sector has changed significantly from home operations, mining pools, and large data facilities churning out blocks. While observing mining pools over the years, there’s been a few times where skeptics have believed mining was quite centralized. However, more recently mining pool distribution has divided significantly with the mining industry taking new form once again.

https://news.bitcoin.com/pools-diversifying-bitcoin-mining/


Title: Re: Smaller Pools Are Diversifying the Bitcoin Mining Industry
Post by: franky1 on December 21, 2016, 12:22:04 AM
it also must be noted that the pools termed "chinese"
are less chinese then people think

antpool has alot of hashpower in mongolia. so does BW
even f2pool has hashpower in other places.

as for their stratum servers. the big pools have several stratums across the world and management teams in many countries.
you will be shocked at how racist people sound when they blindly deem the majority as simply "chinese". its almost like they think there are only 2 countries on the planet. america and china.


Title: Re: Smaller Pools Are Diversifying the Bitcoin Mining Industry
Post by: OROBTC on December 21, 2016, 12:37:59 AM
...

There are also more players showing up and winning blocks.

I remember a few years ago G-Hash.io was winning approximately 50% of the blocks, many were worried about that.  Now it is four Chinese pools among them that have a little over 50% of the hash-rate.  And lots of smaller players:

https://blockchain.info/pools

shawnp0wers.  Ol' Shawn has about 1%, smile.