Bitcoin Security Endangered By Powerful Mining Pool

An anonymous reader writes Ars Technica reports that for the first time in Bitcoin's five-year history, a single entity has repeatedly provided more than half of the total computational power required to mine new digital coins, in some cases for sustained periods of time. It's an event that, if it persists, signals the end of crypto currency's decentralized structure."

Comments

I now have 50% of the Slashdot comments here!

[billstewart]

Bwahahah!

Now I have over 50% of the comments!

[billstewart]

Better than First Post!

And if this were Bitcoin, instead of Slashdot, I'd get to block the rest of you! Bwahahah! But it's not, so you'll probably crowd me out here soon enough.