New research suggests Bitcoin mining centralized around Bitmain
Antpool by Bitmain claims to generate just one-quarter of Bitcoin’s hash rate but researchers think it might secretly control a majority.
Antpool by Bitmain claims to generate just one-quarter of Bitcoin’s hash rate but researchers think it might secretly control a majority.
The BBC article cited a “study” by Alex de Vries that kicked up a frenzy on crypto Twitter, with critics pointing to unfair methodologies.
Bitcoin mining, cannabis farming, and the cost-of-living crisis have all contributed to record levels of electricity theft, the BBC found.