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....
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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....
Momentum for Bitcoin Unlimited continues to increase as a new pool is to enter the network. Chandler Guo, a well-known and liked bitcoiner in China, is to take his current hashrate of around 50P, or 1.5% of the network, out of BW.com and into a new Xpool which will mine with Bitcoin Unlimited. Guo has further revealed a plan to raise 12 million ETC in an ICO to increase the pool’s hashrate to around 100 to 120 petahash, which would translate to around 3.5-4 percent of the network. In combination, this would send Bitcoin Unlimited to nearly 30%, a significant psychological threshold which....
The network hashrate share of bitcoin unlimited now stands at 37.6% over the longer time frame of 1,000 blocks. It is expected to further increase as Chandler Guo, a well-known bitcoin miner in the Chinese community, publicly stated: i jump to #BitcoinUnlimted today！ pic.twitter.com/0oPDlXhgFL. — Chandler Guo (@ChandlerGuo) March 21, 2017. That is likely to increase the hashrate to 43%, perhaps 45%, very close to a majority of miners’ support which may indicate the economic majority and, perhaps, the majority of bitcoiners, lean towards the client. However, Bitcoin Unlimited is....
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,....
The Bitcoin.com mining pool is currently in private beta testing following its announcement on September 21, 2016. In just over two weeks, the mining pool has already established nearly 1 percent of the hashrate across all bitcoin miners in the world. The mining pool was founded by Bitcoin.com owner Roger Ver. It uses the Bitcoin Unlimited protocol, an....