Bitcoin mining powers are controlled by many different entities in China , they are not manipulate by one .
Mike Hearn is wrong about Chinese miners , they don't manipulate , they vote .
Miners maintain the Bitcoin network, they will choose the right direction for bitcoin. Most of Miners are silent , they don't play dirty politics like R3 Bankers .
Everyone who hold hashrate power can vote , Or simply they can choose to run different bitcoin servers to express their opinion .
We hash we vote , this is the only rules .
statistics : 6.9% of bitcoin xt nodes and less than 5% hashrate pro XT .
This.
I've been saying it for a couple of years. Yes, the majority of the hashrate is funneled through a fairly small number of sites. But it is POOLED MINING. Hundreds, maybe thousands of individual miners. If those miners think that one of the pools is getting too big for it's britches, it takes seconds to move that hashpower elsewhere. More small pools have been popping up of late, which tells me this is already happening. That the majority of mining takes place where the majority of human population resides should very much come as no surprise to anyone.
Bitcoin is dead. Long live Bitcoin!
