A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter to “exceed” the compliance requirements of the U.S. Government’s Office of Foreign Assets Control (OFAC). The mining pool’s ability to filter or censor transactions means “high-risk wallets will not be included in Blockseer’s posted blocks.” Detailing the....
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The hosts of "The Van Wirdum Sjorsnado" discussed Mara Pool, bitcoin mining pools that censor blocks and what Bitcoiners could do about this.
Bitmain has announced the launch of its latest open source BTC.com bitcoin mining pool with new improvements and attractive pricing. Bitmain, the Bitcoin Mining ASICs manufacturer has launched a new open source mining pool. The new mining pool is part of BTC.com, the company’s Bitcoin block explorer, analytics tools and wallet services arm. According to the company’s blog post, Bitmain is offering a great deal to all the users joining its new mining pool. All miners on BTC.com mining pool will be able to mine the digital currency without having to pay any mining fee until next year.....
Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1. Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.”According to a March 30 announcement, the pool adheres to U.S. anti-money laundering guidelines and rules set out by the Office of Foreign Asset Control, or OFAC. Marathon will ensure the transactions processed by its pool meet regulatory standards by using technology exclusively licensed by....
Earning money from Bitcoin has taken various forms since the world’s top digital currency became more popular. Some of them are new while others have been known to spread in reach along with the currency. Below are some of the best ways to earn money with bitcoin. Mining. Despite claims that bitcoin mining is no longer profitable due to the high cost of the energy required to get the miners powered, the increasing difficulty rate and the recent halving of the bitcoin block reward, mining activities are still being carried out though at a more larger scale and with sophisticated mining....
Directpool.net officially launched a Bitcoin Mining Pool. Its goal is to prevent any future 51% attacks on the bitcoin network by redistributing the total network's hashing power. Directpool comes in as the next generation mining pool to further redistribute total network hashrate while giving back to the Bitcoin community. New York, NY (PRWEB) March 18, 2014. The Bitcoin community raised concerns about a pool reaching the 51% network hashpower. That pool can potentially control double-spend transactions, affect confirmations and prevent miners from mining valid blocks. Satoshi himself was....