Selfish Mining Attack: Explained

Within the cryptocurrency community, there has been much discussion on the heated topic of selfish mining. Basically, selfish mining is a tactic used by a miner or group of miners to boost earnings by taking advantage of flaws in the mining procedure. Some believe it is used for the best interests of the miners; however, some claim that it is a destructive force that negatively affects the crypto-mining industry.

This blog aims to provide you with a detailed view of selfish mining, its working, potential threats against the blockchain and effects on the mining ecosystem.