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"A 51% Attack Isn’t Theoretical Anymore"

Sure, but still unlikely with Bitcoin.

Mind you, mining centralisation for BTC is an issue that needs to be addressed.

Measures should (rather need) be taken to avoid further centralisation of the network; though easier said than done.

https://finance.yahoo.com/news/irony-envisioned-fully-decentralized-bitcoin-170811070.html

Since China's crypto ban last year (umpteenth one to date), it has distributed the hashpower across more countries, upending their former BTC mining dominance.

https://www.statista.com/statistics/1200477/bitcoin-mining-by-country/

Nonetheless, four pools still control over 70% of Bitcoin's mining operations.

https://btc.com/stats/pool

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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