Bitcoin Mining Pool F2Pool (Discus Fish) Maintains: BIP 101 Not an Option
F2Pool, the world's largest Bitcoin mining pool, maintains that changing its code to allow bigger blocks through BIP 101 or Bitcoin XT is not an option. Wang Chun, the operator of the China-based pool controlling some 20 percent of hashing power, dismissed the idea of an exponential growth rate of the maximum block size for 20 years leading to 8-gigabyte....
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F2Pool, a Chinese mining pool also referred to as Discus Fish, which holds the largest share of the Bitcoin network’s hashrate at 26%, has been experiencing a series of extreme DDoS attacks. Behind the DDoS attack. The attacks began to target the F2Pool Bitcoin mining pool almost immediately after the F2Pool team announced their decision to “test” Bitcoin Classic by launching a subpool in which miners can mine Bitcoin Classic blocks. Peter Todd and other Bitcoin experts requested the hackers and the individuals behind the series of DDoS attacks to terminate them immediately, as they are....
Just prior to the height of the holiday spirit, Namecoin developers got a special surprise in their wallets courtesy of not-so-secret Santa, Discus Fish. Also known as F2Pool, Discus Fish provided the developers with 20,000 Namecoins to fund a reimplementation based on mainline Bitcoin. According to the developer blog, Christmas officially came early for Namecoin. "What's more is that chief Namecoin scientist Daniel Kraft has been working so hard that the code is already usable! Indeed, Discus Fish has been using it in production for a few weeks." The code is still in the experimental....
Mining pools serve a crucial yet relatively mundane role in the mining process by providing a focal point for hashing power and enabling small-scale miners to collaborate with others. If bitcoin mining is a competitive sport that pits miners against each other to discover new blocks and generate more bitcoins, then mining pools are the teams on which they play. Still, despite this importance, mining pools have not been the most transparent sector of the crypto economy. A brief look at a bitcoin mining network hash rate distribution shows three clear winners in the race to discover blocks.....
Onename, an open-source protocol provider which creates secure and trustless identities on the blockchain network has announced that the platform will switch from namecoin's blockchain to bitcoin at the Blockstack Summit 2015. The company's co-founder Muneeb Ali explained, "Namecoin is not secure," because of one mining pool's dominant control over the Namecoin mining network. According Onename co-founder Ryan Shea, one of China's largest mining pools Discus Fish (F2POOL) controls over 60% of the entire Namecoin network's hashing power. "A single mining pool has 67% of the hashpower on....
The Bitcoin block size debate has taken another interesting plot twist in the past few hours. F2Pool, one of the largest Chinese Bitcoin mining pools in the world, has announced they support the hard fork for an increased 2MB block size. While the post on BitcoinTalk is a weird translation from Chinese to English, it looks like F2Pool might be attempting to push people to accept the Bitcoin hard fork. Not a great move in the Bitcoin mining industry if this were to be the case. F2Pool Statement is Quite Worrying To Say The Last. Certain aspects of a statement can tend to get lost in....