Multipool.us Launches Bitcoin Classic Mining Pool As Network Hashrate Decreases
By the look of things, support for Bitcoin Classic is growing in the mining scene, as Multipool.us has opened up a new mining pool for this so-called “altcoin”. With over one petahash of mining power directed to this Bitcoin Classic pool alone, the competition with Bitcoin Core is being taken to a whole new level. However, only three blocks have been mined so far, and there is still a long way to go before Multipool.us will become a major contender. Multipool.US Supports Bitcoin Classic Mining. While it is positive to see further competition between developmental solutions, the big....
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Bitcoin Classic has been a point of controversy since its announcement. Taking on Bitcoin Core head-to-head, Classic proposes an immediate block size increase to 2 MB, with provisions for future increases. The block size debate has always been contentious, apt to erupt into name-calling and mudslinging. But now, with Core facing serious competition from Classic, this scalability issue may soon be forced to come to a head. On February 22, 2015, reports surfaced of bitcoin mining pool Multipool.us opening a pool for Bitcoin Classic. Multipool.us dedicated an entire petahash of mining power....
The hashrate of mining pools supporting Bitcoin Classic reached 51%, after Antpool mined its first Classic block on February 16. Antpool, a bitcoin mining pool owned by leading bitcoin mining hardware manufacturer Bitmain Technologies Ltd. has officially marked the start of the production of Bitcoin Classic blocks on February 16, 2016. Bitmain’s Antpool is by far the largest bitcoin mining pool in the industry, and controls over 26% of the Bitcoin network’s hashrate distribution. Hashrate is a measuring unit used to estimate the processing power of the Bitcoin network. Miners must generate....
An interesting shift seems to be happening in the world of Bitcoin mining, as one of the largest mining pools is going through a significant dip in hashrate right now. AntPool is one of the mining pools testing the Bitcoin Classic solution, although not in an official “live” capacity just yet. The recent drop in hashrate on the mining pool can be attributed to many possible factors, yet some people feel Antpool needs to switch to Bitcoin Classic before it is too late. The Antpool Mining Hashrate Drop. While it is not uncommon for mining pools to report variable hash rates on a 24- or....
The Bitcoin.com mining pool is currently in private beta testing following its announcement on September 21, 2016. In just over two weeks, the mining pool has already established nearly 1 percent of the hashrate across all bitcoin miners in the world. The mining pool was founded by Bitcoin.com owner Roger Ver. It uses the Bitcoin Unlimited protocol, an....
Europe-based bitcoin exchange Cex. IO has announced the termination of their support for altcoins and GHash. IO Multipool, shifting their focus toward higher-volume markets such as Bitcoin and Litecoin. Trading pairs including IXC, DVC, POT, ANC, MEC, WDC, FTC, DGB, USDE, MYR and AUR have been removed, and Multipool by GHash. IO has been discontinued for all miners. "GHash. IO Multipool will be discontinued. There is no need to change mining settings for the Multipool, as all shares will be automatically redirected to LTC+DOGE mining pool. Those users who are already mining on Multipool....