Roger Ver’s Mining Pool Fights Accusations of ‘Centralization’, Hashrate Purchasing
Roger Ver’s launch of Bitcoin.com’s own mining pool has already gained its fair share of criticism. Announced earlier Monday, Bitcoin.com Pool rewards miners 10 percent of the block reward as extra, thereby incentivizing them to support Ver’s favored Bitcoin Unlimited scaling solution. Reactions have already included accusations of “centralizing” Bitcoin. When the pool was mooted last year, Ver’s payment premium plans led to suggestions he was artificially purchasing hashpower, something Ver denied. Ver continues to argue passionately for Bitcoin Unlimited’s adoption over Segregated....
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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....
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....
Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the mining pool Foundry USA was the fifth largest mining pool with 18.44 EH/s dedicated to the Bitcoin chain. During the last 12 months, Foundry has managed to increase the pool’s hashrate by more than 350% climbing to 84.34 EH/s on Nov. 6, 2022. After 12 Months, Foundry USA’s Hashrate Muscles Its Way Into the Top Bitcoin Mining Pool Position The bitcoin mining pool Foundry USA has been a force to....
On October 6, Bitcoin.com mining pool officially mined its 10th block after securing nearly 1% of global hashrate. Its founder Roger Ver noted that Bitcoin.com has been paying its miners around 6% more than other major pools. The emergence of the Bitcoin.com mining pool and its 1% global hashrate holds more significance than others may imagine, considering their stance on the Bitcoin block size debate. Importance of Bitcoin.com’s Rising Hahsrate. Bitcoin Unlimited, a project designed to hard fork the Bitcoin network for scalability, allows miners and node operators to decide their own....
BTC China has announced that its new mining pool, which launched just five weeks ago and is exclusively Chinese, has already generated over $1.2m in bitcoin. The company said that as of 28th November, the pool had mined 3,325 BTC, or $1,226,758.75 according to the CoinDesk USD Bitcoin Price Index at the time of writing. Blockchain's Hashrate Distribution Chart ranks the BTC China pool 7th-largest overall, contributing around 13.9 PH/s, or 5% of the world's bitcoin hashing power. An estimation of hashrate distribution amongst the largest mining pools. Source: Blockchain. The firm says it....