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GHash 51% control of Bitcoin mining
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GHash 51% control of Bitcoin mining

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GHash 51% control of Bitcoin mining

Bitcoin security guarantee shattered by anonymous miner with 51% network power | Ars Technica


Quoting 
For the first time in Bitcoin's five-year history, a single entity has repeatedly provided more than half of the total computational power required to mine new digital coins, in some cases for sustained periods of time. It's an event that, if it persists, signals the end of the crypto currency's decentralized structure.

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  #2 (permalink)
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Bitcoin pool GHash.io commits to 40% hashrate limit after its 51% breach | Ars Technica

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4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
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