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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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Bitmain’s Hashrate Steadily Reaching 51 Percent of Bitcoin Network, Already at 42 Percent

Category: Altcoins, Bitcoin, Blockchain, Business, Mining, News

Bitmain’s Hashrate Steadily Reaching 51 Percent of Bitcoin Network, Already at 42 Percent

Bitmain’s concerning hashrate dominance on the Bitcoin’s network reached a new high on June 24, 2018, after reports suggested it nearing the fatal 51 percent figure. Rising Concerns As per a report on Trustnodes, the Chinese mining equipment manufacturer controls over 42 percent of the network hashrate if data from June 2018 is considered. Bitmain-owned BTC.com and Antpool released statistics…

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