Smaller Pools Are Diversifying the Bitcoin Mining Industry

Smaller Pools Are Diversifying the Bitcoin Mining Industry

Bitcoin mining has become an advanced competitive market alongside securing the network. Over the years the mining sector has changed significantly from home operations, mining pools, and large data facilities churning out blocks. While observing mining pools over the years, there’s been a few times where skeptics have believed mining was quite....


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Added Support For BU as Pools Show Preference for Different Scalability Solutions

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,....

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....

A Bitcoin Mining Guide to Choosing a Profitable Mining Pool

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Chandler Guo’s Mining Pool to Support Bitcoin Unlimited

Over the past few weeks, support for the Bitcoin Unlimited (BU) proposal has increased significantly. This is due to a bunch of smaller mining pools collectively running the alternative client that removes the current block size cap. Now its seems the proposal will get even more hash power as the Chinese miner, Chandler Guo, has announced that his new....

Bitcoin Mining Difficulty Jumps To New All-Time High Again

With the bitcoin mining difficulty increasing, mining becomes even less profitable for smaller operations. Things continue to heat up in the Bitcoin mining world as of late. As the hashrate continues to increase, it is only to be expected the mining difficulty continues to go up accordingly. Earlier this morning, the difficulty adjusted once again and increased by 7.43%. This adjustment marks a new all-time high for mining ever since bitcoin was created. New hardware seems to be coming online at an accelerated pace, which is nice to see. One always has to wonder who is bringing additional....