A blockchain professional in Hamburg, Dr. Strehle, explained that blockchain nodes involved in exclusive mining could not transfer transactions to others as it doesn't have reasons to do so. He predicted that cryptocurrency miners would prefer to keep their transactions a secret to be the sole beneficiaries of the transaction fees.
This type of mining is between the miner and the initiator of the transaction and uses private means to seal its deals.
Based on analyst reports, transaction fees are ongoing fees for miners; however, higher fees could serve as a means to launder money by conspiring with the miner. As a result, fraudsters might see smaller blockchain network as a means to evade tax or launder money using exclusive mining.
Dr. Strehle also explained that lower cost volatility and hidden transactions yet to be confirmed could motivate them to engage in this illegal type of mining.
Source: Cointelegraph
