China's Bitcoin Miners See Profit in a Bigger-Block Blockchain

China's Bitcoin Miners See Profit in a Bigger-Block Blockchain

It was not entirely an idle joke when one speaker at China's first miner conference quipped that if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off. Over a foggy weekend, around 250 people (the majority being miners gathered in Chengdu) filled a rather spacious conference hall to its capacity for an event called China's Miners' Conference, a mostly promotional event organized by major miner Bitmain. But, they came for more than the province's famous spicy food. As of late, Sichuan has acquired the reputation of being the....


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