Gavin Andresen Urges Miners to Join Smaller Pools
Over the last couple of days, the Ghash.io mining pool has been stirring up conversation in the community again, with an uncomfortably high share of hashrate hitting very close to the feared 51 percent mark. Posts urging miners to switch to smaller pools litter social media, and Bitcoin Foundation Chief Scientist Gavin Andresen did the same on Friday in a post published on the Bitcoin Foundation blog. He writes: Bitcoin mining has been too centralized for years, with just a handful of pool operators have controlled well more than 50% of hashing power. Recently, mining power has become even....
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Currently, everyone’s been focused on the price of bitcoin and turbulent global markets. However, in the bitcoin mining and development space, there’s a lot going on behind the scenes. Smaller Mining Pools and Bitcoin Unlimited. As Bitcoin.com previously reported the bitcoin network’s hashrate distribution among mining pools has been changing. Lately,....
The current Bitcoin blockchain block size debate has been very contentious. When Gavin Andresen and Mike Hearn released BIP101/XT last week, they emphasized the need for an increase to the Bitcoin block size to address concerns of transaction scaling as adoption increases. Instead, it has touched off a war in the Bitcoin community, dev teams, miners and mining pools. The latest news on the debate is the fact that BIP100 has been adopted by F2Pool, BitClubPool, and Kano.is with some other smaller pools joining. This movement represents a resounding 25% + of the network hash rate, with....
This situation becomes especially painful when considering how Satoshi Nakamoto himself appointed Gavin Andresen as being the one to take over the “reigns” of Bitcoin development Now that the Craig Wright debacle has calmed down again, there is still the pressing matter of what will happen with Gavin Andresen. After the Bitcoin Core team revoked his commit access, there seems to be no indication of restoring the Bitcoin developer to his precious status. A lot of people were surprised when Gavin Andresen of all people came forward and identified Craig Wright as being Satoshi Nakamoto. Even....
I saw Gavin Andresen throughout the day, mostly while he was giving a presentation. Though I was lucky enough to sit down with Gavin and Mike (Hearn) during lunch. However their 'tech speak' went a bit over my head while I quietly observed and ate the delicious dinner that had been prepared by the venue. It was not until the Blockchain.info after-party that I managed to get Gavin on his own for a little while for a chat and an interview. What do you hope the audience got from your presentation? Gavin Andresen: "Whenever I do a presentation, I'm hoping that I don't bore them, hoping that I....
There have been a few proposals to increase the maximum blocksize in Bitcoin over the past year, but the two plans that are garnering the most attention right now are Jeff Garzik's BIP 100 and Gavin Andresen's BIP 101. While Andresen has already implemented his plan in BitcoinXT, Garzik is still working on a formal write-up and the code for BIP 100. Andresen shared his thoughts on BIP 100 via an interview on Epicenter Bitcoin. Although he did not seem completely dismissive of the proposal, it's clear that he would prefer to go with his own idea for increasing the blocksize, which would....