Multiple POW vs Mining Centralization

Ticker

1 BTC = $35163.30 USD  (via Coinbase)
1 ETH = $1195.75 USD  (via Coinbase)
1 LTC = $139.60 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Looking at the difficulties BTC & LTC is having to activate SegWit due to "some" miners controlling large percentages of the hashpower, I wonder if having multiple POW algorithms so both GPUs and ASICs can mine and contribute is a good way of fighting mining centralization?

submitted by /u/Reinhardvdb
[link] [comments]

1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $35163.30 USD  (via Coinbase)
1 ETH = $1195.75 USD  (via Coinbase)
1 LTC = $139.60 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply