Sentences with phrase «mining pool owners»
As a consequence, the mining pool owners have greater power over the bitcoin network in terms of creating blocks, voting on protocol changes, and potentially re-writing recent ledger entries.
https://bitsonblocks.net/ Not exact matches
The owner of «MC pool» who wishes to remain anonymous started BCH mining along with his «big miner friends» just «for fun».
But, Gadi Glikberg, owner of Connect BTC, a mining pool owned by hardware provider Bitmain, noted he believes startups play a key role as larger corporates have yet to become invested in the ecosystem.
Wallet - stealing is already something of a threat for owners of the currency, and the possibility of something called a» 51 % attack» in which members of powerful mining pool successfully «double - spend» their coins can not be totally discounted.
Marshaling the approval of pool owners and mining operators has been key, however, to bringing the power of SegWit to both Litecoin and Bitcoin, as combined hashing power was needed in order to activate the SegWit changes on the entire blockchain.