Bitcoin Forum
August 29, 2024, 06:20:50 PM *
News: All versions of Windows are affected by a critical security bug; make sure you update.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-11-06] China's Bitcoin Miners See Profit in a Bigger-Block Blockchain  (Read 229 times)
tyz (OP)
Legendary
*
Offline Offline

Activity: 3360
Merit: 1533



View Profile
November 06, 2016, 08:56:30 PM
 #1

China's Bitcoin Miners See Profit in a Bigger-Block Blockchain

It was not entirely an idle joke when one speaker at China's first miner conference quipped that if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off. Over a foggy weekend, around 250 people (the majority being miners gathered in Chengdu) filled a rather spacious conference hall to its capacity for an event called China's Miners' Conference, a mostly promotional event organized by major miner Bitmain. But, they came for more than the province's famous spicy food.

http://www.coindesk.com/china-miners-big-blocks/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!