Bitcoin Unlimited at Almost 40%, Chandler Guo to Join

Bitcoin Unlimited at Almost 40%, Chandler Guo to Join

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....


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Chandler Guo to Open a New Bitcoin Unlimited Pool

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....

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 Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

"Backing the dollar is the world's biggest, deepest and the most transparent government bond market," said Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of the Dollar."

Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked...

The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently “very cheap,” to grow by 100x in ten years’ time. Surging ETHW Trade Volumes According to Chandler Guo, the self-appointed organizer of the recent Ethereum hard fork, Ether (ETH) and the recently airdropped, proof-of-work ETHW will have the same USD value in ten years.....

ViaBTC’s Cloud Mining Offering Receives Mixed Response

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....