They are very close to 51%
They are very close to 51%
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OMG 😱
Yes, the reorgs have been getting more frequent and larger since my comment above. Their hashrate seems to vary significantly throughout the day and peaks in a concentrated window of time every day then drops off. Seems to be the pattern.
Their average hashrate for Monero in the last 1,000 blocks is ~21%
https://miningpoolstats.stream/monero
Selfish mining is known to work if one party controls more than 30%. If your enemy is literally the fiat printer through various outlets this attack can go on for quite some time especially if combined with naked shorting on CEX.
The best defence is making people aware of withdrawing all coins from CEX, as this attack is a combined effort.