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Bitcoin => Press => Topic started by: LiteCoinGuy on March 05, 2015, 05:29:01 PM



Title: [2015-03-05] CD: Research Tracks Bitcoin Mining from Hobby to Big Business
Post by: LiteCoinGuy on March 05, 2015, 05:29:01 PM
Research Tracks Bitcoin Mining from Hobby to Big Business

Nearly all bitcoin miners have been transferring their rewards within 36 hours of obtaining them, researchers at New York University have found.

Luqin Wang and Yong Liu's paper, an analysis on the "evolution" of pool mining, found that less than 1% of miners left their rewards untouched in 2012 and 2013.

http://www.coindesk.com/research-tracks-bitcoin-mining-growth-from-hobby-to-big-business/