Top 6 Bitcoin Mining Pools Signalling SegWit – The Merkle

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Top 6 Bitcoin Mining Pools Signalling SegWit - The Merkle

With the bitcoin scalability situation remaining a pressing kwestie, it is up to the developers to come up with an response. Segregated Witness is touted spil one of the possible solutions, albeit it requires a majority of the network’s miners to support it before getting activated. Below is a schrijven overview of some of the world’s top bitcoin mining pools signalling for SegWit activation right now.

6. Bitcoin India

While most people may know Bitcoin India spil a cryptocurrency exchange, the company is also running an official mining pool. Albeit this mining pool is very petite compared to some of the others on the network, it is good to see India’s exchanges weigh on on the scalability debate. Moreover, to reach the necessary support before SegWit can activate on the network, every little bit helps.

Five. CKPool

CKPool is another bitcoin mining pool that has bot around for fairly some time. There are two different pools operated by the team, one of which is used for solo mining. Both “entities” support SegWit signalling spil wij speak. The normal mining pools controls 1.2% of the network, whereas the solo pool represents 0.3%. Once again, puny percentages will add up te the long run.

Four. BitClub

The BitClub mining pool is well-known among cryptocurrency enthusiasts. It controls Two.3% of the total network hashrate, yet that is not enough to be considered spil one of the top Ten bitcoin mining pools. However, that Two.3% can help shove SegWit activation overheen the required majority threshold ter the end. BitClub has always bot loyal to Bitcoin Core and that situation will not switch anytime soon, by the look of things.

Three. SlushPool

One of the oldest bitcoin mining pools te the world goes by the name SlushPool. Albeit it “only” represents 65% of the total bitcoin network hashrate, Slushpool is an invaluable asset for SegWit volgers. Slush wasgoed also one of the very very first mining pools to acknowledge the world embark signaling SegWit and the code wasgoed implemented promptly. Many people see this pool’s support spil vital to the potential activation of SegWit.

Two. BTCC

While BTCC wasgoed one of China’s largest cryptocurrency exchanges for some time, their mining pool has bot growing steadily at the same time. Right now, BTCC represents 7% of the network hashrate albeit that number used to be a bit higher ter the past. Then again, more decentralization te the mining world is never a bad thing, that much is certain. It is doubtful BTCC would everzwijn “switch allegiances” and support Bitcoin Unlimited all of a unexpected.

1. BitFury

It is anything but surprising to learn BitFury supports Segregated Witness signalling. With its Ten.3% of the hashpower, that is a major addition to the growing support for SegWit. Then again, BitFury is “only” the world’s third-largest mining pool, which means there is still a lotsbestemming of coaxing to do before the SegWit threshold can be reached. Antpool, the world’s largest bitcoin mining pool, said they would not run SegWit without an instantaneous block size increase. That statement dates back to May of 2018, albeit it seems not much has switched since then.

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About The Author

Jdebunt

JP Buntinx is a FinTech and Bitcoin enthusiast living te Belgium. His passion for finance and technology made him one of the world’s leading freelance Bitcoin writers, and he aims to achieve the same level of respect te the FinTech sector.

Click bait. Thesis are not the top 6 mining pools – they are “also rans”

CKpool isn’t indicating support for segwit, indeed Kano is dead against it albeit -CK is for it. Slushpool isn’t indicating that much support either (I think Slush alters their vote each time to keep their totals similar to their users’ voiced preferences).

Kano confirmed that CKPool does not support writing “They are wrong …” on a latest forum postbode citing this article.

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