Author

Topic: What about Ghash.io? Is it dangerous? (Read 961 times)

legendary
Activity: 1400
Merit: 1013
January 09, 2014, 07:44:46 AM
#3
CEX.io is the problem.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
January 09, 2014, 07:15:41 AM
#2



newbie
Activity: 30
Merit: 0
January 09, 2014, 06:59:04 AM
#1
The GHash.IO mining pool is currently as big as 42% of the entire Bitcoin mining network. That is cutting it awfully close to 51%, and we all know what that could do. If you don't know , this could lead to a 51% attack on the Bitcoin network, allowing the double spending of Bitcoin and devaluing the currency completely.

Is it dangerous?
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