26 Feb '16, 6pm

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

Why the Great Firewall of China Is Causing Serious Issues for Bitcoin Miners

Due to the way the Great Firewall works, miners in China often find out about new blocks before miners in other countries (especially across the world in the United States). Since China also currently holds a majority of the hashing power on the network , miners who are not in China end up losing out on a bit of revenue. This is due to the fact that, on average, miners outside of China will hear about new blocks later than miners inside of China, which means non-Chinese miners waste more resources on blocks that have already been found.

Full article: https://bitcoinmagazine.com/articles/why-the-great-firewa...

Tweets

Does Bitcoin Pose a Threat to China's Economic Security?

Does Bitcoin Pose a Threat to China's Economic ...

coindesk.com 27 Feb '16, 1pm

Dr Alessandro Arduino is the co-director of the Security & Crisis Management programme at the Shanghai Academy of Social S...

伟大国家的度量,有提到集合外的中国。“What Makes A Great Nation? -...

It is sad that you are a Chinese and yet felt sick to be a Chinese for some reasons you cited. It is perhaps you have not ...

This is one of the last great wildernesses on t...

cntraveller.com 28 Feb '16, 11am

Lake Murray, the largest lake in the land, is in the far west. The flight there, from Port Moresby via Mount Hagen, over r...

Bitcoin Miners Back Proposed Timeline for 2017 Hard Fork

Bitcoin Miners Back Proposed Timeline for 2017 ...

coindesk.com 20 Feb '16, 11pm

A group of bitcoin miners constituting close to 80% of the network hashrate, as well representatives from exchanges, servi...