Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate – Mining Bitcoin News

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Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate – Mining Bitcoin News
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Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate.

are the same, as one post on the Monero-centric subreddit r/monero asks community members to “boycott Minexmr” and stressed the pool is “too close to 51%.”

Essentially, the Redditor is talking about a 51% attack, which is when a miner controls a majority of the hashpower, and maliciously attacks the network. 51% attacks can equate to major issues like double-spends on the network and deep blockchain reorganizations. “Why [do] you still join Minexmr.com?” the Redditor asks in the r/monero thread. “There are 30+ other pools and decentralised p2pool. But within [one] day, new miners increased Minexmr.com hashrate from 1.34 to 1.44 GH/s. While total network hashrate is 3.31 GH/s.”At the time of writing, Minexmr has a dedicated

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