Ethereum update: China Mining Centralization – Sparkpool VS Ethermine
Here are some alarming statistics from the two biggest Ethereum mining pools.
|Located|Mostly Europe|Mostly China|
|Pool Hashrate TH/s|67|52|
|Miners| 102.556 |21.000|
|Workers| 409.541 | 244.900 |
| Avg MH/s per worker |163|213|
The average miner from china is 30% faster. Yes it could be that the average rig in china is 30% bigger but i doubt that.
And there are 500% more miners located in Europe! (China is way more centralized)
Guys, again, probably ASICs flooding the pools. Lets focus on ProgPow!
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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