Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
tund3r
on 25/11/2017, 16:42:45 UTC
Agree, the last events in Bitcoin forking have shown how much might the miners have. IOTA does not have that centralization of the mining power since mining is distributed in the way that only entities that send transactions have to do PoW for two transactions.

Also you never know then China is prohibiting Bitcoin mining. There are rumors about. It would hit Bitcoin and other PoW coins very hard.
Why would they get hit? Wouldn't bitcoin readjust the difficulty and actually redistribute the mining power much better?