Sentences with phrase «by the mining pools»

Bitcoin is reaching the soft block size limit, requiring action by mining pools and miners (more info in this Bitcointalk thread).

Futures for Bitcoin Cash (BCC or BCH), which have been listed by the mining pool and project proponent ViaBTC, are currently trading for roughly $ 384, according to CoinMarketCap.com

Transaction accelerators are provided by the mining pools such as ViaBtC.

Another announcement made this week concerning the BCH economy was made by the mining pool outfit the Bitclub Network.

Not exact matches

Bitcoin.com - not to be confused with the non-revenue making bitcoin.org - was founded in 2015 by bitcoin investor Roger Ver, and provides a range of services related to bitcoins, including a bitcoin casino, news services and its so called bitcoin «mining pool» - the site's biggest single source of revenue - where it forges new units of the cryptocurrency to be released for trading.

Unlike some other pools, BitClub Network does not disclose its founders, saying only that it is «run by a team of programmers, digital mining experts and entrepreneurs who have come together with MLM experts from around the world.»

«The rest was largely generated by mining itself and, to a much lesser extent, by collecting management fees from the mining pools it operates and renting out the mining power of its mining farms through cloud services.»

The ambitions of a Melbourne - based bitcoin mining pool, Bitcoin Group, to go public has have have been put on hold by the country's regulators.

At the moment there is not need to worry, the problem has mostly been resolved for the time being by the developers and mining pool operators.

According to Blockstream CEO Adam Back, the worst - case scenario goes something like this: by using a process called «SPV mining», other pools began building on the invalid block sent out by Bitcoin.com for a time.

Corallo quickly posts more links to explain the situation, which boils down to this: a bitcoin mining pool processed an invalid block that was rejected by other nodes and miners.

Bitcoin Pooled Mining (operated by slush), is a way in which several users work together to mine Bitcoins and then split the benefits among themselves.

Input the Bitcoin Gold address you are mining to, and the pool will remotely show you your current hashrate and pending balance, however you can also view your current hashrate locally just by looking at the miners CMD or Terminal window.

And furthermore, even the major mining pools that have agree to implement the changes have only agree to implement the changes by offering Segwit2x as a choice to their miners, leaving the ultimate decision on which software to run up to the individual miner.

BlockPriority works by sending transactions to and from all BTCC wallets directly to the BTCC mining pool, which is one of the largest in the world — amounting for about 13 % of the total hashing power.

By providing a large creators pool for mining by Proof of Creativity over 10 + years, the community may get used to voluntary payment model gradually over a long period of timBy providing a large creators pool for mining by Proof of Creativity over 10 + years, the community may get used to voluntary payment model gradually over a long period of timby Proof of Creativity over 10 + years, the community may get used to voluntary payment model gradually over a long period of time.

One of the great mining pools, for starting the mining process, is DigiHash because it is supported by the DigiByte foundation.

Changelly begins by the brilliant minds behind MinerGate, which is a bitcoin mining pool launched in 2013.

The nodes mine the consensus and perform transaction pooling by geo - mining protocol, using 1 - hop directionality to search nearest neighbors and newer information (transactions).

The mining pool is one such option used by the miners to earn the huge level of bitcoins.

Technically, what Kuo is proposing is a novel way to «mine» cryptocurrency - the term for adding more currency to the total pool of currency available.In Bitcoin, mining is accomplished by having supercomputers solve ever - more - complex math problems.

Now the best part, get your salsa and chips ready, grab a cold drink and park yourself in a favorite place (mine happens to be by our pool) and enjoy!

A relaxing weekend by the pool sounds perfect:) Chambray + white jeans sounds like the perfect year round outfit:) Mine would probably be a simple t - shirt dress — with sandals in the summer and with a cardigan and tights in the winter!

At the mines, salty water is diverted into pools and then dried up by the sun — what's left is a thin layer of salt.

We have been contacted with requests for information and assistance by affected people living in urban as well as rural areas, and the noise and vibration sources have included coal mining, gas fired power stations, large refrigeration units with compressors and swimming pool compressors in city apartment blocks.

Most mining power today is provided by «pools», big groups of miners who combine their computing power to increase the chance of winning a reward.

A statement made on Reddit by the operator of EtherChain, a large Ethereum mining pool, has stated

Thanks partly to a proposal known as BIP 91, bitcoin mining pools were able to rally together before August 1 by locking in SegWit for activation.

Half of the proceeds from an apparently errant bitcoin transaction have been donated by the recipient mining pool.

Bitcoin's oldest mining pool, Slush Pool, will let its miners vote on the Segregated Witness soft fork proposed by Bitcoin Core.

Data provided by Etherchain.org indicates that many mining pools (groups that consolidate hashing power to increase their chances of mining the next block) have made the change, and if this trend continues, the soft fork is expected to take hold on 30th June.

Perhaps more importantly, several developers — both those in Hong Kong and others — consider the agreement to have been broken by at least one counterparty in the deal: the Chinese mining pool F2Pool.

Currently 90 % of blocks are mined by known «pools» or syndicates of miners, and if a few pools join together, they could effect changes and assert control over the network.

Of course, both mining pools are comprised, in part, by independent miners who have joined the pools for profit, meaning that these miners could withdraw their support.

On August 1, Bitcoin Cash (BCH), a hard fork proposal led by Chinese bitcoin mining pool ViaBTC, was forked and hours later, ViaBTC mined the first...

Often, users combine their resources in what's called a mining pool, by sharing their computer's processing power via a network to increase the odds of scoring a block.

Though the earnings you will get on completion of each block would be lesser, but you have a much better chance for a steady income by joining a litecoin mining pool.

The future of bitcoin could be impacted by a mysterious new mining pool, one that has shown it's willing to go its own way on technical debates.

Given that Segregated Witness needs to be backed by 95 % of the hashing power of the network in order to be adopted, any mining pool commanding 5 % of the hashing power or more can effectively block the process, leaving progress towards scalability at an impasse.

When asked how a hard fork could be pulled off in a safe manner, Bhardwaj pointed to another Medium post, which was published by the ViaBTC bitcoin mining pool.

Mining pools Epool.io and ethteam are now mining Ethereum Classic and the largest ethereum exchange by hashing power, F2Pool has said via Twitter it intends to support the curMining pools Epool.io and ethteam are now mining Ethereum Classic and the largest ethereum exchange by hashing power, F2Pool has said via Twitter it intends to support the curmining Ethereum Classic and the largest ethereum exchange by hashing power, F2Pool has said via Twitter it intends to support the currency.

BTC.com, a block explorer, wallet service, API - provider and open source mining pool owned by Bitmain, is currently not signaling support for Segregated Witness.

In fact, it would have made things worse by pushing small mining pools out of business.

Private mining pools are frequently operated by firms that publicly sell mining equipment, including BitFury.

Yes, but you are more likely to make money by joining a mining pool.

Haipo Yang, CEO of ViaBTC, the fourth largest pool by mining power, agreed, indicating that his pool will only offer bitcoin mining on the original bitcoin chain to begin.

On August 1, ViaBTC intends to suspend withdrawals so that it can begin listing actual Bitcoin Cash tokens, and other mining pool operators have said they will use the term Bitcoin Cash and the BCC ticker symbol to differentiate it from bitcoin, generally represented by the ticker symbol BTC.

Though the proposal has garnered support from many large bitcoin companies and the majority of mining pools, many take issue with its aim to boost bitcoin capacity by way of a hard fork, a mechanism that could lead the cryptocurrency to split into separate blockchain networks.

An estimated 70 percent of hash power produced on the network today is produced by Bitmain for their own or affiliated mining pools.

But, Gadi Glikberg, owner of Connect BTC, a mining pool owned by hardware provider Bitmain, noted he believes startups play a key role as larger corporates have yet to become invested in the ecosystem.