What are the potential risks and challenges associated with a high CKB hashrate in the cryptocurrency industry?

1 answers

• Nov 23, 2021 · 3 years ago
  From BYDFi's perspective, a high CKB hashrate can bring both opportunities and challenges. On one hand, a high hashrate indicates a strong and secure network, which can attract more users and investors. On the other hand, it can also lead to increased competition among miners, making it harder for individual miners to earn rewards. To address this challenge, BYDFi is actively working on developing innovative mining solutions and providing support to individual miners to ensure a fair and sustainable mining ecosystem.
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