Grin Network May Destroy Because of Chinese Miners

  1. The grin network can experience an attack at any time. This is entirely at the discretion of the pool manager. If an attack occurs, nothing will make sense as the Grin price will collapse.
  2. On the Gate.io exchange, for Grin deposits, we have to wait for 1000 blocks to pass, that is an average of 17 hours. Because Gate.io exchange knows that Grin has centeral of network power and so they protect the exchange against any 51% attack. This situation negatively affects both us Grin users, miners and the stock market.
  1. If you are a miner, the Grin price will not increase and your earnings will not increase for these reasons. If there will be an attack, the devices you bought by spending thousands of dollars will go your home’s warehouse.
  2. If you are an investor, all your investments can go to waste. One attack can ruin everything.
  3. If you have own a stock market, your stock market could suffer a huge loss when Grin is attacked.
  4. If you manufacture or sell Grin mining devices (ipollo, nhash), you may not be able to sell new devices. Because, who wants to mine on centralized network power. Or if the attack happens, who wants to mine Grin.
  5. If you are a Grin developer, you may not be able to develop something.

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