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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: centralization

Mining Conglomerates Turn to Ethereum in Search of Better Profits and Network Control

Category: Altcoins, Business, Ethereum, Finance, News

Mining Conglomerates Turn to Ethereum in Search of Better Profits and Network Control

Built on the ethos of a completely decentralized network, Bitcoin’s protocol is unfortunately maintained by profit-driven mining entities like Bitmain, that place greater interest in their own benefit rather than the technology’s. Now, the mining giant is looking to achieve greater mining control in other coin protocols as well, such as Ethereum. Centralization vs. Profits: Ethereum and Bitmain While Bitcoin…

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