Archive | mining-pools

Bitcoin Mining Pools Initiate Segwit Lock-in Period

At approximately 00:06:48 UTC today, July 20, at block height #476768 the bitcoin network finished the BIP91 lock in period and entered a new phase in order to activate the protocol Segregated Witness (Segwit). Now during the lock-in period, there will be another 336 blocks, until Segwit will be activated on Bitcoin’s main network. Also read: Predicting the […]

Mining Pool Finds Accidental 80 BTC Fee – Offers a Refund

On July 7th the mining pool mined a block that contained a transaction with an 80 BTC fee attached. believes the fee was an accident as the transaction fee should have been around 2 BTC and the pool is looking to give the sender a refund. Also Read: How Much Does it Cost to […]

The Bitcoin Network’s Hashrate Now Exceeds Six Exahash

Last May reported on how the Bitcoin network’s hashrate surpassed four exahash per second. Just two months later on July 1st, the hashrate has increased another two exahash which transcended to a high of 6,622,799,000 GH/s according to and Bitcoin Wisdom statistics. Also Read: Investment Funds That Offer Cryptocurrency Exposure See Big Gains The […]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Over the past six months, the bitcoin scaling debate has been going on relentlessly as many cryptocurrency proponents are trying to figure the best solution to improve the network’s fees and transaction throughput. There have been many ideas brought to the table, but this summer there are some specific plans that all bitcoin holders should […]

70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x

On June 16 the alpha code for the scaling solution Segwit2x was released to the public following a large number of mining pools having vocally supported the plan. Since then a large majority of miners who back the Segwit2x roadmap have started signaling with their hashrate. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling […]