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How Bitmain’s Mining Shrank in Months

Published 11/01/2019, 04:16 AM
Updated 11/01/2019, 05:21 AM
 How Bitmain’s Mining Shrank in Months

Bitmain has seen its share of block production diminish over the past three months. Mining is a side business for Bitmain, yet it is a potential source of income, as well as influence.

Observing the block discovery of pools, the top is now taken by newly expanded pools F2Pool and Poolin. Block discovery has an element of chance, but is mostly dependent on raw hashing power.

https://twitter.com/DoveyWan/status/1190089399498760192

Bitmain’s dominance in the past was seen as a negative sign. The reason for this was the accusation that Bitmain was using its ASIC before shipping. Also, Bitmain used Asicboost on the sly, potentially discovering more blocks. Now, Asicboost has been an open technolo...

This article appeared first on Cryptovest

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