Are these “big chinese miners” actually huge solo miners or are they just owners of large mining pools?

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A pool can't control its users, it is deriving its hash rate from thousands of individuals who would switch their preferred pool in an instant if the pool suddenly starts to pay some worthless unusable Altcoin instead of BTC.

How much of the "chinese mining" are merely large pools who really own nothing and therefore do not have the power to decide anything and how much of it are true solo miners who really own and control the hash power they are using?

submitted by /u/prof7bit
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $45361.45 USD  (via Coinbase)
1 ETH = $3437.28 USD  (via Coinbase)
1 LTC = $286.76 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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