Poolin Launches Initiative To Activate Taproot, Encouraging Other Mining Pool...
Top 2 Bitcoin mining pool Poolin wants Taproot, and hopes other pools do too. Update (November 18, 2020): AntPool and Luxor have also signaled their support on taprootactivation.com. With AntPool contributing roughly 11 percent of Bitcoin network hash power, this brings the total has power of pools supporting Taproot activation to more than 56 percent. Update (November 17, 2020): Bitmain’s BTC.com (contributing about 12 percent of the network’s hash power) and Slush Pool (about 3 percent of network hash power) have also signaled their support on taprootactivation.com. Poolin,....
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Is this the beginning of the end for Poolin? Or is the mining pool just powering through some minor problems? The Beijing-based company recently announced, “Poolin Wallet is currently facing some liquidity problems due to recent increasing demands on withdrawals.” All hell broke loose after that and Poolin lost between 30 and 40% of its […]
The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web portal taproot.watch indicates that the lock-in period of signaling has finished. “This period has reached 1815 Taproot signaling blocks, which is required for lock-in.” The Taproot upgrade is considered one of the largest upgrades....
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Sunday, November 14, 2021, and the upgrade is considered one of the largest changes the protocol has seen since Segregated Witness (Segwit) went live in 2017.
Bitcoin Upgrade Taproot Expected to Activate on Sunday
Taproot is expected to activate and go live on the main network on Sunday, November 14, 2021, following the lock-in period this past....
The acquisition of NovaBlock by industry leader Poolin signals growing interest in geographical diversification of bitcoin mining. The post Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock appeared first on Bitcoin Magazine.
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%.