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Bitcoinist
2020-02-10 21:23:36

Does Monero Have a Serious Centralized Mining Problem?

Right now, just 2 mining pools control over 60% of Monero’s network hashrate, but just how serious is this problem? Is Monero vulnerable to a 51% attack? Monero, the privacy coin that was once led by Riccardo Spagni, aka Fluffy Pony of Magical Crypto Friends, is showing a high level of mining pool dominance at the moment. In the past, Monero’s developers have hard-forked the network to prevent the development of viable Application Specific IntegratedRead More The post appeared first on Bitcoinist.com.