F2Pool: Chinese Pools Will Stick with Bitcoin Core
Shortly after the sensational public break-up between Bitcoin and R3CEV - hire Mike Hearn, and the launch of several alternative Bitcoin implementations, the block-size dispute is reaching fever pitch. Bitcoin Classic, in particular, has been gathering support among companies, users and some developers. Significantly, a number of mining pools has also....
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There's no denying the Bitcoin block size will need to be increased, as even the Chinese mining pools are in agreement with that statement. Whether this will happen through a hard fork or soft fork, remains to be seen, though.The ongoing Bitcoin block size debate is causing a fair bit of controversy and concern within and outside of the Bitcoin community. Even though everybody wants to see an overwhelming consensus support for either Bitcoin Core or Bitcoin Classic, a lot of the “voting power” lies with the Chinese mining pools. Whereas a few people misinterpreted support for Bitcoin....
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....
Three of China 's biggest mining pools – F2Pool, BTCChina Pool and Huobi Pool – maintain that the Bitcoin Core development team should strive for consensus, and will therefore not support a switch to Bitcoin XT. Given Core developer Gavin Andresen's latest proposal and the current hash-rate distribution on the Bitcoin network, a network wide shift from Bitcoin Core to Bitcoin XT to allow bigger blocks seems infeasible, for now. Lacking consensus among Core developers to raise the block size limit, Andresen has recently shifted his efforts to Mike Hearn's Bitcoin Core fork, Bitcoin XT. In a....
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....
Five of China's biggest mining pools — AntPool, F2Pool, BTCChina, BW Mining, and Huobi — have mutually agreed to a raise of the block size limit to 8 MB. In a statement sent to CoinTelegraph and posted today on the Bitcoin subreddit, they collectively rejected Bitcoin core developer Gavin Andresen's proposal to raise the limit from 1 MB to 20 MB, and instead presented a compromise. The mining pools came to the agreement at the National Conference Center in Beijing last Thursday. As they jointly account for some 55% to 60% of all hashing power on the Bitcoin network, it may now be....