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Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins) > Does Monero Have a Serious Centralized Mining Problem?
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hlmed (OP)
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February 10, 2020, 09:41:05 PM
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Right now, just 2 mining pools control over 60% of Monero’s network hashrate, but just how serious is this problem? What do you think, guys?
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February 11, 2020, 02:17:21 AM
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Quote from: hlmed on February 10, 2020, 09:41:05 PM
Right now, just 2 mining pools control over 60% of Monero’s network hashrate, but just how serious is this problem? What do you think, guys?


Depends  if you mine and dump monero to btc  you don't really care about a 51% attack.

But if you mine and hodl  there is additional risk due to that much hash on only 2 pools.
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February 11, 2020, 06:08:16 AM
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Not a serious problem.  The largest pool only has 34%.  really no different than ETH, which 2 pools control 55%
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