{"id":136200,"date":"2024-08-25T20:00:32","date_gmt":"2024-08-25T17:00:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136200"},"modified":"2024-08-25T18:21:51","modified_gmt":"2024-08-25T15:21:51","slug":"bitcoin-mining-centralization-raises-concerns-in-crypto-community","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-mining-centralization-raises-concerns-in-crypto-community\/","title":{"rendered":"Bitcoin Mining Centralization Raises Concerns in Crypto Community"},"content":{"rendered":"
Recent figures<\/a> <\/strong>from BTC.com show that two dominant mining pools, Foundry USA and AntPool, now control about 57% of Bitcoin\u2019s<\/a> <\/strong>total network computing power. These mining pools allow individual miners to pool their resources to increase their chances of earning Bitcoin, with earnings distributed according to each miner\u2019s contribution after fees are taken out.<\/p>\n The dominance of Foundry and AntPool has raised concerns. Foundry, managed by Digital Currency Group, aligns with US interests, while AntPool is operated by China\u2019s Bitmain Technologies, reflecting Chinese influence.<\/p>\n The fact that these two pools hold such a large share of the network\u2019s hashrate could lead to geopolitical tensions and impact the overall security and fairness of the Bitcoin network.<\/p>\n