Bitcoin is concentrated with few investors, and mining could be susceptible to a 51 per cent attack, study finds

Source: Tech – South China Morning PostBitcoin’s surging popularity hasn’t changed one of its original attributes. Its ownership is still concentrated in just a few hands.The top 10,000 individual investors in bitcoin control about one-third of the cryptocurrency in circulation, according to a study by the National Bureau of Economic Research.Crypto enthusiasts have long pondered who the largest owners of bitcoin are since the early days of the its existence. It can be especially difficult to determine the concentration of ownership…Read More

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