30 Apr '17, 3pm

Bitmain Claims Antbleed Had No Malicious Intent, Does it Really Matter for Bitcoin Miners?

Bitmain was caught up in a controversy surrounding its recent patch on its open source codebase. The Bitcoin community harshly criticized Bitmain for developing malware which has the potential to shut down 70 percent of Bitcoin miners. The Antbleed backdoor is a type of firmware that enables Bitmain to surveil on the customer sales and delivery records of Antminer users. According to Antbleed.com, the remote service of the firmware can return “false,” which ultimately can stop its miners from mining . Approximately 70 percent of the world’s mining community rely on Bitmain’s Antminer to confirm Bitcoin transactions. Hence, Bitmain has the power and capacity to shut down 70 percent of Bitcoin miners in an instant. As the community outraged over the discovery of the Antbleed malware, Bitmain released its official statement on April 27. A section of the statement read : “This...

Full article: https://cointelegraph.com/news/bitmain-claims-antbleed-ha...

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