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Home › One Bitcoin group now controls 51% of total mining power, threatening entire currencys safety

 

One Bitcoin group now controls 51% of total mining power, threatening entire currencys safety

2014-06-16 16:43:23| Extremetech

A single Bitcoin mining pool has seized control of 51% of the total network hashrate -- and opened the door to a massive security breach in the process. In response, DDOS attacks have flooded in to keep the organization from exploiting a well-known security loophole.

Tags: total group power entire

Category:Information Technology

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