James D’Angelo; Bitcoin Mining is Centralizing in the Worst Possible Places-China

Bitcoin mining, a process of verifying and adding transactions to the blockchain for a reward in the form of newly released bitcoins, is the bedrock of the Bitcoin network. It determines what records should be included into the blockchain and which ones are not valid. As you would expect, those who control the computers that [...]

By | 2017-04-19T00:21:29+10:00 April 7th, 2016|Bitcoin, China|0 Comments