Bitcoin Forum
November 11, 2024, 12:56:35 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What about Ghash.io? Is it dangerous?  (Read 959 times)
Velaciela (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
January 09, 2014, 11:59:04 AM
 #1

The GHash.IO mining pool is currently as big as 42% of the entire Bitcoin mining network. That is cutting it awfully close to 51%, and we all know what that could do. If you don't know , this could lead to a 51% attack on the Bitcoin network, allowing the double spending of Bitcoin and devaluing the currency completely.

Is it dangerous?
mmitech
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


things you own end up owning you


View Profile
January 09, 2014, 12:15:41 PM
 #2




justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1013



View Profile
January 09, 2014, 12:44:46 PM
 #3

CEX.io is the problem.
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!