RATE Group | Ethereum [ETH] empty blocks increases by 637% ahead of Constantinople hard fork
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Ethereum [ETH] empty blocks increases by 637% ahead of Constantinople hard fork

07 Oct Ethereum [ETH] empty blocks increases by 637% ahead of Constantinople hard fork

Posted at 09:53h in Ethereum News by

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In the past three months, the usage metrics of Ethereum has revealed a rather surprising trend; a sharp increase in the number of empty blocks mined.

According to Alex Svanevik, the Chief data scientist at CoinFi, this points at ‘spy mining’ as the overall block utilization, the number of blocks processed a day and the average time between each block are all stable.

The technique being used by the illegitimate miner pools is called ‘spy mining’, which involves miners being rewarded for mining without actually processing any transactions on the block. In such instances, an ’empty block’ is formed.

Along with this, selfish mining is also gaining popularity within pools and involves miners trying to find the successor of a new block without broadcasting its existence to the network, giving them a head start.

After a detailed search, two miner pools were found to indulge in this practice; F2Pool, currently the world’s second-largest mining pool, and…

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