One Bitcoin group now controls 51% of total mining power, threatening entire currency’s safety

ASIC mining
A single Bitcoin mining pool has seized control of 51% of the total network hashrate — and opened the door to a massive security breach in the process. In response, DDOS attacks have flooded in to keep the organization from exploiting a well-known security loophole.

The original article can be found here: http://www.extremetech.com/extreme/184427-one-bitcoin-group-now-controls-51-of-total-mining-power-threatening-entire-currencys-safety

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