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Block Withholding Attack

An attack in which a miner on a pool intentionally does not submit any blocks to the pool in an effort to cause the profitability of the mining pool to drop.

All edits by  Joshua Holley 

Edits on 5 Apr, 2018
Joshua Holley"Added the abstract and did some small housekeeping for the sake of readability"
Joshua Holley edited on 5 Apr, 2018
Edits made to:
Description (+157 characters)
Article (+250/-246 characters)

Block Withholding Attack

An attack in which a miner on a pool intentionally does not submit any blocks to the pool in an effort to cause the profitability of the mining pool to drop.

Article

A Block Withholding attack is when a miner on a pool intentionally does not submit any blocks he finds to the pool.

A Block Withholding attack occurs when a miner on a pool intentionally does not submit any blocks he finds to the pool. The intent of the attack is to cause the profitability of the mining pool to drop. This type of attack, if sustained for a long enough period, can bankrupt a pay-per-share pool. Mitigation of a Block Withholding attack is complex because of the random nature of mining, but some methods have been developed.

Mitigation of the block withholding attack is complex because of the random nature of mining, but some methods have been developed.

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