So much for Satoshi being from Japan, they are not even 2% of the node network.
And you know Satoshi is from Japan? How? Nobody knows his true identity and the name could just be a pseudo for a group of people. Eesh.
Do'nt spread FUD dude.
Topic: USA CONTROLS 40% OF BITCOIN NETWORK (Read 2888 times)
So much for Satoshi being from Japan, they are not even 2% of the node network.
And you know Satoshi is from Japan? How? Nobody knows his true identity and the name could just be a pseudo for a group of people. Eesh.
Do'nt spread FUD dude.
those words looks like a big misleading...may be you means USA mine 40% of all bitcoins?
USA is more like a continent so you can't compare it to a couple european countries, take the whole of europe or compare the amount of citizens.
It's like saying USA has much more internetusage than Uruguay, useless comparison.
It's like saying USA has much more internetusage than Uruguay, useless comparison.
controls...really? 
Really? I think the number of nodes doesn't equal the number of coins they hold.
If any major country have the capability to control Bitcoin, which has a capital of less than 10 Billion dollars
If any major country have the capability to control Bitcoin, which has a capital of less than 10 Billion dollars
The article seems to say that 40% of the nodes being in the US.. which may be true.
However the Bitcoin network isn't controlled by the nodes, it's controlled by the miners. I run 3 full nodes in the US but don't mine at all.
More accurate way to tell "control" by country would be to look at the mining pools / operators and classify where they operate from.
However the Bitcoin network isn't controlled by the nodes, it's controlled by the miners. I run 3 full nodes in the US but don't mine at all.
More accurate way to tell "control" by country would be to look at the mining pools / operators and classify where they operate from.
"Currently runs" is not equal "controls"
OP is a FUD spreader and has 0 knowledge of anything.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
ur suggesting it could be a Chinese run node, not to far fetched considering they own just about everything in the world
its amazing how many supermarkets have yet to switch to automated checkouts
wat are the numbers like in the US ?
I'm not in the US so I don't know.
The USA will always control 40% or 80% of whatever,simply because it is the land of the free, home of the brave.
An altair of free speech and the cradle of innovation..
No wonder it controls 40% of bitcoin network..
actually i wonder that it is only 40%...
An altair of free speech and the cradle of innovation..
No wonder it controls 40% of bitcoin network..
actually i wonder that it is only 40%...
A lot of the cheaper VPS services are in the US.
Private citizens in the US control 40% of Bitcoin network*
END OF THE WORLD NEWS:
MINERS CONTROL 100% OF THE BITCOIN NETWORK
MINERS CONTROL 100% OF THE BITCOIN NETWORK
Satoshi never expected this to be true, here is PROOF.
is this the post that opened the rickrolled article ?
I used the article instead of the video, since the classic video was "mysteriously" removed from YouTube.
But a lot of people run nodes on vps which are likely to be located in the US because of the mass size of the country so I don't quite understand what the point everyone is trying to get at nodes being in the US doesn't mean the US is dominating in the BItcoin world or 'control' Bitcoin.
I don't see what the issue is.
What does the USA NOT have more than 30% of these days?
It makes sense for me, since America is "free" and everything, and they get a lot of coverage on things like this. 40% of nodes being in the USA doesn't surprise me.
It's not like they can carry out a 51% node attack...
What does the USA NOT have more than 30% of these days?
It makes sense for me, since America is "free" and everything, and they get a lot of coverage on things like this. 40% of nodes being in the USA doesn't surprise me.
It's not like they can carry out a 51% node attack...
OP is a FUD spreader and has 0 knowledge of anything.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
ur suggesting it could be a Chinese run node, not to far fetched considering they own just about everything in the world
its amazing how many supermarkets have yet to switch to automated checkouts
wat are the numbers like in the US ?
OP is a FUD spreader and has 0 knowledge of anything.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
If I have the only node and I'm in the USA, USA controls the network? This doesn't even make sense.
END OF THE WORLD NEWS:
MINERS CONTROL 100% OF THE BITCOIN NETWORK
MINERS CONTROL 100% OF THE BITCOIN NETWORK
Satoshi never expected this to be true, here is PROOF.
is this the post that opened the rickrolled article ?
Is that a pun or a typo it SEAMS (seam mining term sounds like seems, either you're pretty intelligent or just a shitty typist)
haha
the data I'm looking at shows less than 4% of nodes in china, so you telling me less than 4% of the nodes do most of the mining?
back it up with data buddy
haha
the data I'm looking at shows less than 4% of nodes in china, so you telling me less than 4% of the nodes do most of the mining?
back it up with data buddy
apparently china have the cyber hacking edge according to most sources, could they possibly disable mining to a decent extend to make up for
their actual lack of mining power?
it does sound surprising that they would be undersized in the crypto mining department taking into account the size the Chinese exchanges
and the fact their is supposed to be gigantic individual miners based out of Hong Kong and china,, the home of the semi conductor
goliaths, surely most people mined bitcoin back in the day using a graphics card they bought from Hong Kong of Ebay,
END OF THE WORLD NEWS:
MINERS CONTROL 100% OF THE BITCOIN NETWORK
MINERS CONTROL 100% OF THE BITCOIN NETWORK
Satoshi never expected this to be true, here is PROOF.
END OF THE WORLD NEWS:
MINERS CONTROL 100% OF THE BITCOIN NETWORK
MINERS CONTROL 100% OF THE BITCOIN NETWORK
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