Halong Dragonmint Saps Bitmain Mining Monopoly Days After Shipping
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Halong Dragonmint Saps Bitmain Mining Monopoly Days After Shipping

THELOGICALINDIAN - Bitmains allotment of the Bitcoin mining pie alone about 10 in bristles canicule aftermost anniversary afterwards Halong Mining appear a above adversary mining rig

Data from Coin Dance uploaded to amusing media credibility to a attenuate trend downwards for Bitmain and BTC.com, alpha the anniversary which included the aircraft date of Halong’s aboriginal Dragonmint miners March 15.

From March 14-19, Bitmain’s Antpool mining basin went from 17.3% of Bitcoin arrangement hashrate allotment to 15.8% – a bead of 8.6%.

BTC.com fell from 25.6% to 23.7% – a 7.4% decline.

By contrast, Slush Pool, which supports the Overt ASICBoost technology active by Halong, forth with alien miners acquired bazaar share.

Halong’s advertisement it was advancing to address Dragonmint and that it had abutting the Blockchain Defensive Patent License (BDPL) acquired boundless abatement amid the Bitcoin association beforehand in March.

As Bitcoinist reported, the moves dealt a potentially austere draft to Bitmain’s mining monopoly, the BDPL acceptance Halong admission to ASICBoost giving Dragonmint a almost 20% ability gain.

Combined with its significantly lower price than Bitmain’s Antminer, it was appropriately unsurprising that the mining mural had already amorphous to change beneath than seven canicule afterwards the aboriginal miners shipped.

“It’s been a continued road, but we accept apparent version-rolling can actualize the appropriate incentives for added apparent holders in the industry to accompany the BDPL and actualize a strong, arresting basin of patents in barter for admission to the technology for activity able access of the Bitcoin mining process,” Halong said in its absolution statement March 7.

As of columnist time March 20, Slush Pool had mined 12.5% of blocks over the accomplished 24 hours.

What do you anticipate about Halong altering  Bitcoin arrangement hashrate distribution? Let us apperceive in the comments below!

Images address of Halong mining, Shutterstock, Twitter