Post
Topic
Board Bitcoin Discussion
Re: facebook, Instagram, Whatsapp Are Down - But Bitcoin is as strong as ever !!!
by
dothebeats
on 14/03/2019, 00:02:51 UTC
Bitcoin is just as reliant on Bitmain as Facebook are on their servers, we're lucky that there's been no disaster with the monopoly of mining.

I beg to differ. Bitmain may have the majority of the hashing power of the whole network, but the fact remains that there are still numerous miners doing their part diligently, alongside other nodes so yeah. Bitcoin is not so reliant on Bitmain nor any other mining companies as the network is designed to adjust depending on network conditions.

On the other hand, this happens every once in a while on Facebook's data centers for routine maintenance or any other reason, as was to be expected on centralized servers.