2018-6-20 23:37 |
Cobra believes mining pool centralization has taken over the network.
This is not the first time Cobra has initiated the subject of mining centralization as he has brought the topic up many times over the years, alongside BTC core developer Luke Jr, another staunch advocate of a PoW change.
On June 18 the co-owner of Bitcoin.org shared a pie chart of the mining pools processing blocks on the BTC network and stated:
This is the pie chart the Twitter handle Cobra shared on June 18, 2018.
Prior to Cobra’s tweet showing the hashrate distribution pie chart, the anonymous individual started tagging big pools that he suspects are directly connected to Bitmain and its CEO Jihan Wu.
“Bitmain claims they don’t control the majority of the hashing power behind Antpool, BTC.com and Viabtc and other pools,” states Cobra.