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Bitcoin 'mining Pool' Promises To Stay Small

Wochit
Wochit
5 years ago|74 views
The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system's credibility. Mining pool GHash. IO, which is controlled by a British company, CEX.IO Ltd., said that it would not amass more than 40 percent of the processing power of the bitcoin system.

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