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so142001 (OP)
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February 07, 2018, 05:41:31 AM
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Anyone else see this? Mining is essentially banned in China, except for Bitmain? My first thought: WTF?!?!?

Am I understanding this correctly?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 07, 2018, 06:13:18 AM
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Quote from: so142001 on February 07, 2018, 05:41:31 AM
Anyone else see this? Mining is essentially banned in China, except for Bitmain? My first thought: WTF?!?!?

Am I understanding this correctly?
Do you have a source, I tried looking for this and I have found nothing, there was a rumor of that a month ago and it was said it was a lie so if you have anything that can back that claim I will be very interested in reading that since that will be big news.
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