Percent mining power on ethereum classic

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The Ethereum Classic Mining Difficulty Adjustment Explained
Even so, these networks collectively can only soak up TH/s (% of Ethereum's current hashrate) before miners hashing at $/kWh power. On Jan. 5th, Ethereum Classic (ETC) suffered a 51% attack losing a total of more than US$1 million spread over 15 different transactions. All they need is enough mining power to overwhelm the rest of the mining pool � hence, 51 percent. It's a fundamental weakness in the way.

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On 28 May , a paper was released detailing security vulnerabilities with the DAO that could allow Ether to be stolen. None of this is likely to affect Bitcoin, which has a large enough mining pool to resist most 51 percent attacks and a chip-specific protocol that makes it less amenable to repurposed equipment. Open-source licenses. The people who continued with Ethereum Classic advocate for blockchain immutability, and the concept that "code is law" [19] against the pro-fork side Ethereum which largely argued for extra-protocol intentionality, decentralized decision-making , and conflict resolution.