Nearly Half Of Bitcoin Hash Rate Now Signaling For Taproot Activation
Bitcoin mining pools have begun signaling for the Taproot soft fork activation, with almost half of network hash rate currently doing so.The path to activation for Bitcoin's Taproot protocol upgrade is underway after the recent Bitcoin Core version 0.21.1 release included its activation code, and the largest mining pools are already signaling support.Bitcoiners can follow the upgrade signaling status via Taproot.watch, a website created by Bitcoin developer Hampus Sjöberg.According to data from the site, more than 47% of the total Bitcoin network hashing power is signaling support for the....
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Taproot.watch has added a new feature showing that a vast majority of Bitcoin mining hash rate supports Taproot activation.
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support.According to data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, Taproot signaling now accounts for about 44% of the total Bitcoin hashing power as of the time of writing.AntPool and F2Pool — the two largest Bitcoin mining pools by hash rate — are among the....
The largest Bitcoin mining pools are signaling for Taproot, but the activation may not reach the 90% critical consensus mark during this current difficulty epoch. Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.Top being the latest among them as of the time of writing.Indeed, 90% of Bitcoin’s hash rate briefly signaled for the protocol upgrade with the figure now standing at about 73%.Tweeting on Monday, crypto....
Bitcoin miners have started to signal for Taproot activation and crypto supporters are looking forward to the largest bitcoin update in almost four years. The mining operation Slush Pool mined the first block signaling for Taproot and since then the pools Foundry and F2pool have joined in on signaling as well. Bitcoin Block: 681,458 Signals for Taproot It’s been a long time since the Bitcoin network has seen a major upgrade and the last time it happened was in 2017, back when BTC participants activated Segregated Witness (Segwit). Since then, bitcoiners have been discussing the next....
The upcoming Taproot activation stands to potentially make the Bitcoin ecosystem more user-friendly as well as secure. While a vast majority of crypto enthusiasts around the globe seem to be gushing about Ether (ETH) at the moment and how its upcoming London hard fork stands to push the premier altcoin’s value even higher, reports have recently surfaced that suggest Bitcoin’s much-awaited Taproot upgrade will go live also sometime by the end of this year.In this regard, many Bitcoin (BTC) mining pools seem to already be signaling their support for the activation and as per data available....