News > Explained | What Is Selfish Mining?

Explained | What Is Selfish Mining?

CNBC TV18 | 06/05/2022 07:02 PM | Click to read full article

Selfish miners running customised blockchain clients on their systems block the broadcast from all other nodes outside the mining pool. By doing so, they mislead the honest nodes that keep adding newer blocks and intentionally cause the honest nodes to fork the blockchain.

If the selfish mining pool keeps growing and becomes large enough to command a majority of the hash rate, it starts controlling the blockchain.