Always decentralize hashing power of cryptocurrencies. by bitfire

mining · @bitfire · Jun 16 '17 (edited)

$12.38

Always decentralize hashing power of cryptocurrencies.

Dear Steemit,

As far what I've seen is that the community is growing together nicely and starts looking great. Unfortunately from the beginning when Mining was possible I've seen that the hashing power has been centralized (above 51%) on a single pool. This is bad for the coin and its economy for it.

You can view it on a nice chart like [this one](http://zencash.xyz/) because it will make the network vulnerable for a [Majority Attack](https://en.bitcoin.it/wiki/Majority_attack). Please consider spreading your hash rates among various of different pools. ZenSystems has released an amazing [Mining Pool List](https://zensystem.io/mining-pools/) and there is also a [community based mining pool list](http://zenpools.miningspeed.com/) with some more details about the Mining Pools.

Hopefully this will make your decision easier on decentralizing hashing power trough the Network. Also wanted to mention that I am the mining pool maintainer of [BitFire](https://zen.bitfire.one). There is quite some information in the [Frequent Asked Questions](https://zen.bitfire.one/faq) and the [Getting Started](https://zen.bitfire.one/getting_started) on mining on our pool but can be applied to other pools as well.

-BitFire

👍 cylonmaker2053, fyrstikken, andrejfsantos, ubg, ensmardo, bitfire, thomas23

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properties (23)vote details (7)

voter	rshares	pct
cylonmaker2053	445,465,467,481	50%
fyrstikken	109,282,134,109	1%
ubg	457,256,309	1%
ensmardo	363,915,072	100%
thomas23	155,335,000	100%
andrejfsantos	621,547,072	100%
bitfire	290,176,300	100%

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