The statistic presents the challenges affecting cryptocurrency industry worldwide in 2018, according to small miners. 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 2018, with an average of 4.41 on a scale from 1 (not concerned at all) to 5 (extremely concerned).
Challenges affecting cryptocurrency industry worldwide in 2018
Characteristic
Weighted average on a scale from 1 (not concerned at all) to 5 (extremely concerned)
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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Cambridge Judge Business School, & Cambridge Centre for Alternative Finance. (December 31, 2018). Challenges affecting cryptocurrency industry worldwide in 2018 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/
Cambridge Judge Business School, und Cambridge Centre for Alternative Finance. "Challenges affecting cryptocurrency industry worldwide in 2018." Chart. December 31, 2018. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/
Cambridge Judge Business School, Cambridge Centre for Alternative Finance. (2018). Challenges affecting cryptocurrency industry worldwide in 2018. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/
Cambridge Judge Business School, and Cambridge Centre for Alternative Finance. "Challenges Affecting Cryptocurrency Industry Worldwide in 2018." Statista, Statista Inc., 31 Dec 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/
Cambridge Judge Business School & Cambridge Centre for Alternative Finance, Challenges affecting cryptocurrency industry worldwide in 2018 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/ (last visited November 10, 2024)
Challenges affecting cryptocurrency industry worldwide in 2018 [Graph], Cambridge Judge Business School, & Cambridge Centre for Alternative Finance, December 31, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/731465/cryptocurrency-market-challenges/