BTC POOLS up massive hashrates after the difficulty rise. What are your thoughts?

vettichi (39)in #bitcoin • 8 years ago

Antpool gains 82 percent in 24 hours.
Via BTC up over 254 percent is this right??

What are your thoughts?

How does this effect the scarcity of the incoming bitcoins. Are the major players manipulating the network?

#mining #antpool

8 years ago in #bitcoin by vettichi (39)

Sort:

makeithappen (61) 8 years ago

How could they manipulate the network?

$0.74

1 vote

[-]

vettichi (39) 8 years ago

They are literally powering down their miners before the difficulty rise every 2 weeks. I've seen this happen time and time again. Its becoming a very popular thing. This keeps the difficulty from rising as quickly as it should. I am just wondering peoples opinion. As I believe they are manipulating the network to obtain a larger payout, (more btc) before the demand and difficulty rise get even more astronomical. Basically tricking the network.

$0.00

[-]

steemitboard (66) 8 years ago

Congratulations @vettichi! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

$0.00