New answers tagged


While provides a hashrate distribution, it is aggregated at the pool level while I would like to know more about how the hashrate is distributed among the pools' servers. That is not possible to ascertain with certainty. When a Bitcoin block is mined, there is no way to determine which node/pool mined it. Block explorer sites like blockchain....


Since the time between those blocks is so small (from 593576 to 593577 was only 16 seconds) a miner wouldn't have many transactions to add to the block they are mining (there just haven't been many transactions on the network within that period of time). Also, mining is random, if you happened to mine a block, wouldn't you want to get the block reward even ...


I don't think he did. He wrote about shared nodes inside a LAN but he never mentioned mining pools as we know them today. I'm indeed surprised who he underestimated the problem. Mining pools are the only Bitcoin's flaw that will prevent its price to grow in the future.


Won't happen. Bitcoin's value (like that of most currencies) is based entirely on the belief that it has value. If someone were to perform a 51% attack on Bitcoin, it would greatly weaken the belief in Bitcoin, and the value would collapse. If a pool were to perform a 51% attack, they'd get a little money from the success of the attack, but at the cost of ...

Top 50 recent answers are included