Blockchain Research: Major Competition from Bitcoin Mining Pools Pushes Bitmain Out

2019-12-4 02:15

Mining is a critical component of Bitcoin, required to keep the blockchain updated and scaled as necessary. Recently, one of the largest companies in the crypto industry – Blockchain – decided to analyze the changes in how blocks are distributed within some of the biggest mining pools.

Mining pools are used for individual miners to […].

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Why Did Bitmain’s Antpool ‘Stop Mining’ SegWit Blocks?

Antpool, the Bitcoin mining pool owned by hardware manufacturer Bitmain, has stopped mining Segregated Witness (‘SegWit’) blocks. A Question Of ‘Charity’? In a move which has sparked suspicion among cryptocurrency figures, data from the past seven days of block mining shows Bitmain mining blocks of under 1 megabyte – smaller than SegWit blocks mined by other pools.

2018-10-31 19:00


Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29