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January 12, 2014, 05:32:41 AM |
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I do have a general idea how bitcoin and bitcoin mining work. As I understand, when a bitcoin client software (bitcoin-qt, bitcoind,...) runs, It is 1 node of the whole p2p bitcoin network. When you do solo mining, miner communicates with this client to get information to "hash". With pooled mining (expect P2Ppool.info), all miners connect to one server; which I assume it running one bitcoin client software (am I right?)
I know Ghash.io is the biggest pool and can reach 51% of the total hash rate. But all of their mining machines are pointed to 1 bitcoin client, which is just 1 node of the whole network. I don't know exactly how many nodes currently there are in the network, but I would guess more than 100000 nodes.
How could one node (yes with hash power) can affect the network?
Thank
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