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Daily Archives: February 6, 2019

Bitcoin Is Becoming More Decentralized, Indicates New Research

Bitcoin has become more decentralized by several measures, according to Canadian financial services firm Canaccord Genuity Group. In its February report, the firm said bitcoin was less decentralized in its earlier days, as measured by its hashrate distribution. However, over the last few years, “increased competition” among mining chip manufacturers …

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