Bitcoin Foundation Receives $65,000 from Mystery Mining Pool
Half of the proceeds from an apparently errant bitcoin transaction, in which 291 BTC (then $136,000) was sent as a fee, has been given away by the recipient mining pool. The Bitcoin Foundation said today that it received 146 BTC ($65,000) from BitClub, which on 27th April received the fee as part of block 409,008 on the network. The transaction drew notable industry attention and media coverage, given that the average transaction fee at the time was 31 satoshis, or less than $0.01. Following the incident, BitClub issued a public call for the individual behind the transaction to come....
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Bitmain has announced the launch of its latest open source BTC.com bitcoin mining pool with new improvements and attractive pricing. Bitmain, the Bitcoin Mining ASICs manufacturer has launched a new open source mining pool. The new mining pool is part of BTC.com, the company’s Bitcoin block explorer, analytics tools and wallet services arm. According to the company’s blog post, Bitmain is offering a great deal to all the users joining its new mining pool. All miners on BTC.com mining pool will be able to mine the digital currency without having to pay any mining fee until next year.....
Zero-transaction fee Bitcoin transactions are rather uncommon these days. Ever since ViaBTC announced their cloud mining plans, the Bitcoin community has been on high alert. Albeit there is nothing wrong with what the pool offers, people have been carefully monitoring their wallet addresses. One particular transfer stands out, as 210 BTC was deposited into the wallet. A major client for their cloud mining business or self-funding to spike the numbers? It is not uncommon for Bitcoin companies to deal with large deposits. Even cloud mining companies sometimes attract huge clients who spend a....
BTC Pool Party Data Center Building In Progress. BTC Pool Party is a new Bitcoin mining pool that has gone into operation in the last few months. With so many mining pools and centralization driving several to close, a new pool is almost unheard of. When CCN contacted BTC Pool Party, an interesting person in the Bitcoin mining hardware business turned out to be a very big part of it. Juan Garavaglia, the CEO of 112bit.com, is the VP in charge at BTC Pool Party. He is the lead Bitmain authorized distributor for the US and Canada and sells to Bitcoin miners of all sizes with some very large....
ViaBTC's cloud mining offering may strengthen the position of Bitcoin Unlimited in the cryptocurrency industry. A Bitcoin mining pool which supports Bitcoin Unlimited has lately been criticised for offering cloud mining services. ViaBTC, as the company is called, has lately announced that it will allow more people to join its Bitcoin mining pool in return for small investments in its mining equipments. On the other hand, ardent Bitcoin Core fans, who have already shown their displeasure with the Bitcoin Unlimited proposal, have turned themselves against such services. ViaBTC claims that it....
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....