Let’s say there are 1,000 miners out there.
Every time a new block is added to the chain, all miners receive the updated blockchain instantly.
- Do all miners immediately drop work on mining the current block & begin work on adding a new block?
- If one miner has a machine that guarantees he is the fastest to complete a block, will he always receive 100% of the rewards in the network?
Can someone with 51% computing power earn more than he deserves?
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