The MineXMR mining pool controls 44% of the hashrate

The MineXMR mining pool controls 44% of the hashrate

Monero's network mining pool, MineXMR, currently controls 44% of the cryptocurrency's hash rate, which some consider a risk to network security.

MineXMR, Monero's largest mining pool, is relatively close to controlling more than half of the network's hashing power. If it reaches this level, it could theoretically carry out a 51% attack.

Some supporters of the Monero network have expressed concern about the situation, citing fears that such a concentration of MineXMR mining resources could lead to control of the network.

Part of the community has demanded that miners on the network distribute their hash power to other pools that have a total of half the hashrate.

However, control above 51% of the capacity does not necessarily lead to an attack or interference with the network.

It is worth considering that this is a mining pool. Organizing all the miners for an attack is almost impossible. There will be those who will refuse and move to another pool to avoid further damage to Monero and users.

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