I guess the operators of Nanopool are really good guys deciding not to do a double spend attack on the network while having more than 55% of the total hashrate 🫠
Why don’t miners want to use the P2Pool even though it strengthens the network and also has great incentives like zero fees with a very low payout threshold?
I’d hazard a guess that botnets and cryptominer worms cause the uptick in network hashrate for the centralized pools because it’s easy to point hundreds of thousands of machines to 1 large pool.
Either way, it’s not great.