On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required to follow Know Your Customer (KYC) guidelines. Control Over Bitcoin's Hashrate Is a Nuanced […]
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
Bitcoin.com - 16 Nov 2023 21:00
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required to follow Know Your Customer (KYC) guidelines. Control Over Bitcoin's Hashrate Is a Nuanced […]
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