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NiceHash to Smaller Cryptocurrency Miners: If You Can't Beat 51% Attackers Who Lease Our Hash Power, Join Them
Earlier in January on reddit.com/r/Cryptocurrency, a user by the name of /u/Flenst pointed out that Slovenian hash power broker NiceHash is powering over 70% of the hashrate for DASH: “Let me proof this first. I stumbled over it when researching the ETC 51% attack and the discussions about other PoW coins and its ‘nicehash-ability’. Nicehash currently holds >70% of DASHs total hashrate, see: [url]www.nicehash.com/algorithm/x11[/url] (1390TH/s nicehash vs. 1790TH/s total). This is the first problem, and it is uncommon. Usually nicehash holds around 10 – 20% of PoW coins nethash and it is only dangerous for ... (full story)