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

antonio palacios hernandezJul 21, 2025 · 24 days ago1 answers

What are the potential risks and challenges that can arise in the cryptocurrency industry due to a high CKB hashrate?

1 answers

  • English PoliticsJul 29, 2024 · a year 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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