An Interview With ViaBTC, the New Bitcoin Mining Pool on the Blockchain
Roughly two weeks ago, ViaBTC, a relatively new bitcoin mining pool that launched earlier this summer, garnered some attention on social media due to the announcement that they’re currently testing Bitcoin Unlimited, which is a software client that allows users to signal support for hard fork induced changes to Bitcoin’s block size limit. Although the....
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ViaBTC has announced its support to Bitcoin Unlimited, mines its first Bitcoin Unlimited block. Bitcoin Unlimited, the fork of Bitcoin blockchain is receiving a lot of support lately. Soon after Bitcoin.com mining pool announced its support to Bitcoin Unlimited, another mining pool, ViaBTC has followed suit. ViaBTC, which claimed itself to be the fifth largest Bitcoin mining pool on Twitter recently has allocated its full hashing power to mine Bitcoin Unlimited blocks. The mining pool, launched on June 5, 2016, has rapidly climbed through the ranks to be among the top mining pools on the....
Chinese mining pool, ViaBTC, has made the decision to test Bitcoin Unlimited. This is a significant move on the part of the pool’s managers, as it could have implications for the Bitcoin block size debate going forward. ViaBTC: “We Support Big Blocks”. ViaBTC also happens to be the 6th biggest mining pool in the world, making the decision even more....
BTC mining has evolved from CPU to GPU and finally to ASIC, setting off a hardware “arms race”. Since more advanced mining chips are introduced, the hashrate of mining rigs has been on the rise, making mining extremely difficult. Meanwhile, hashrates are centralized by big mining farms and large institutions, and retail miners now struggle to gain the right of block updating solely relying on their own hashrates. To stay in the game, more and more miners choose to join a mining pool for stable mining revenue. Before choosing one from many mining pools out there, miners should think about....
It is evident this game between Bitcoin Unlimited and Bitcoin Core is nothing more than politics at play. Ever since ViaBTC launched their Transaction Accelerator, the company has been on an aggressive marketing oath. Although it initially launched free of charge, users had to pay a small fee to use the TA. But it looks like ViaBTC wants to make another statement, declaring how Bitcoin Core devs “refuse to up the block size limit.” If that were the case, Segregated Witness would not be here. Everyone knows ViaBTC as a mining pool publicly supporting Bitcoin Unlimited. This alternative....
Mining pool ViaBTC has just announced its first batch of cloud mining contracts. The company is offering anyone the chance to leverage ViaBTC’s deployment of mining machines. Now Anyone Can Join ViaBTC’s Network Hashrate. ViaBTC is a large mining operation that holds roughly 7.9% of the network’s global hashrate. The pool is now inviting people to....