Published On: Sat, Jul 9th, 2016

Chinese Miners’ Influence on the Future of Bitcoin

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As the bitcoin community seeks consensus on how to address bitcoin transaction time, a meeting this month in Silicon Valley could indicate how likely the chances are for consensus, according to Bloomberg. The proceedings will likely reflect the impact of China’s miners, who are estimated to control 70 percent of all bitcoin mining. Consensus on […]
The post Chinese Miners’ Influence on the Future of Bitcoin appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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