Decentralized Mining Operations

in #mining7 years ago

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Decentralized Mining Operations - preventing 51% network attacks

Lets dig a bit deeper.. Bitcoin, Litecoin & Ethereum are all cryptocurrencies that depend on the proof of work protocol to process transactions across the global network. This allows anyone with powerful hardware to participate, host a node & start mining on the blockchain.

However a unique problem arises when, anyone individual has more than 51% hashing power to redirect the blockchain mining operations. Any miner with more than half the hashing power, presents to be a problem revolving around a concept called the "51% attack".

Here is exactly why blockchain developers & miners form a unique relationship. Even if they have never met each other, both completely depend on each other. Knowing that a 51% attack is rare but entirely possible, developers depend on decentralization to keep the network balanced.

Scaling any proof of work cryptocurrency without a central authority requires decentralized mining operation. We provide decentralized mining operations across a global community of blockchain miners, welcome to Room Mining.

Our goal is establish, decentralized mining operations to scale cryptocurrency networks. We provide access to private mining pools & cryptocurrency miner configuration services. Join our community @RoomMining to start mining today!

Check out our Instagram @RoomMining
https://roomblockchain.github.io/

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Hi, I tried to reach out to you on your Github page, but I got a 404 error. What is the best way to make contact?

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