Quote from: ranochigo on August 03, 2023, 02:57:29 AM

/snip/

Quote from: o_e_l_e_o on August 03, 2023, 07:57:57 AM

/snip/

Thanks both, it all makes sense now. I had a slightly wrong idea of how nodes validate transactions. Every day is a school day.

Quote from: Ndabagi01 on Today at 04:20:30 PM

Only in 2014 did a company called Ghash.io get close to that amount, with a total mining power of 38.24% at the time. The company no longer exists, and no one has ever gotten close to that percentage since.

As mentioned before, ghash.io actually went above the 50% and it wasn't the first time that happened (it was the last time though). Hashpower distribution improved a lot since then, at least officially, it's hard to know for sure whether different pools are actually independent of each other.