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The State of Crypto Mining 2020 [Survey]
What's the state of crypto mining?
What do bitcoin miners think will happen after the upcoming halving?
We wanted to answer these questions and many more so our team conducted current or former bitcoin miners.
Key findings:
- 50% of miners expect to see the price increase after the next halving.
- 60.8% felt either somewhat or very concerned over Chinese organizations' control of the Bitcoin network.
- 64.9% – believe that a 51% Attack is a legitimate concern for the Bitcoin community and investors.
- One third believed that power will shift from large centralized groups to smaller home miners.
Engineer
4 年Thanks Marco! I wonder how close the ~18% (who said that they used cloud mining) is to the average US Bitcoin user? A 51% Attack is a legitimate concern, in that, if it actually occurred it would erode confidence in Bitcoin. But that doesn't mean that it is an imminent threat. I wonder how the respondents interpreted the question.