The statistic presents the challenges affecting cryptocurrency industry worldwide in 2016. The results of the survey revealed that the centralization of hashing power in the hands of a few (control) was the major concern of the cryptocurrency industry in 2016, with a weighted average of 3.77 on a scale from 1 (not concerned at all) to 5 (extremely concerned).
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Challenges affecting cryptocurrency market 2016
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Challenges affecting cryptocurrency industry worldwide in 2016
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The statistic presents the challenges affecting cryptocurrency industry worldwide in 2016. The results of the survey revealed that the centralization of hashing power in the hands of a few (control) was the major concern of the cryptocurrency industry in 2016, with a weighted average of 3.77 on a scale from 1 (not concerned at all) to 5 (extremely concerned).
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The statistic presents the challenges affecting cryptocurrency industry worldwide in 2016. The results of the survey revealed that the centralization of hashing power in the hands of a few (control) was the major concern of the cryptocurrency industry in 2016, with a weighted average of 3.77 on a scale from 1 (not concerned at all) to 5 (extremely concerned).
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- Release date
- May 2017
- Region
- Worldwide
- Survey time period
- September 2016 to January 2017
- Number of respondents
- 144 cryptocurrency organisations and individual miners
- Method of interview
- Questionnaire
- Supplementary notes
-
The respondents scored the categories on a 1 - 5 scale:
1: Not concerned at all 2: Concerned 3: Moderately concerned 4: Highly concerned 5: Extremely concerned
More information
- Region
- Worldwide
- Survey time period
- September 2016 to January 2017
- Number of respondents
- 144 cryptocurrency organisations and individual miners
- Method of interview
- Questionnaire
- Supplementary notes
-
The respondents scored the categories on a 1 - 5 scale:
1: Not concerned at all 2: Concerned 3: Moderately concerned 4: Highly concerned 5: Extremely concerned
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