Thursday, August 4, 2016

Chinese companies reluctantly control Bitcoin

http://www.nytimes.com/2016/07/03/business/dealbook/bitcoin-china.html

Mr. Wu and the other mining pool operators in China have often seemed somewhat surprised, and even unhappy, that their investments have given them decision-making power within the Bitcoin network. “Miners are the hardware guys. Why are you asking us about software?” is the line that Mr. Ng said he often hears from miners.

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