Bitcoin pool GHash.io commits to 40% hashrate limit after its 51% breach

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Bitcoin pool GHash.io announced on Wednesday that “it is not aiming to overcome 39.99 [percent] of the overall Bitcoin hashrate.”

This marks a clear departure from the large pool’s recent flirtations with 51 percent. If that threshold is crossed for sustained periods of time, it concentrates power in ways that Bitcoin’s decentralized design normally does not allow.

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Story added 17. July 2014, content source with full text you can find at link above.