Post
Topic
Board Bitcoin Discussion
Re: I no longer consider bitcoin as a decentralized currency...
by
N[e]wBie
on 07/05/2014, 20:24:52 UTC
not only are ASICs disallowing most people from mining, they are also used in massive pools. Isn't 51% of the network being mined by a few pools? That just means the three owners (or less?) of those pools have to be bribed, manipulated, threatened, or motivated to fundamentally destroy bitcoin. Not that resilient.