Ghash.io pool promises not to exceed 40% of the total bitcoin hash rate

Lately there has been a lot of discussion around the mining-pool Ghash.io. Consistently achieving high hash rate (above 40%), the pool was considered by many in the society as a bad player. Why is this so important? Because, when the pool reaches 51% of network hash rate, it may be able to perform malicious attacks. These include the ability to change and withdraw transactions, and much more. ut now, amid all the negative … read more..