More and more mining pools are commencing to back the Bitcoin Classic solution, spil everyone wants to come to a solution regarding the ongoing block size debate sooner rather than straks. Slush pool, the oldest Bitcoin mining pool that is still te operation to this very day, is presently running the Bitcoin Classic client te a testnet environment. By the look of things, Bitcoin Classic mining is just around the corner for Slush pool users.
Slush Pool Accepts Bitcoin Classic Solution
The number of mining pools supporting Bitcoin Classic keeps on enhancing every day by the look of things. Te the end, mining pool operators want to see how an increase to 2MB blocks will influence their overall show and infrastructure. Bitcoin Classic wasgoed the very first software solution to provide a working client supporting larger block sizes, and it only makes sense mining pools determined to attempt it out.
The addition of Slush Pool to the list of mining pools supporting Bitcoin Classic is fairly a verrassing, tho’. For many years, people have assumed Slush Pool wasgoed loyal to Bitcoin Core, and they still might be. Just because they are supporting Bitcoin Classic right now does not mean they will proceed to do so te the future.
Now that Bitcoin Core 0.12.0 has bot released a few hours ago, the wedren for mining pool dominance will go te utter effect once again. Bitcoin Classic gained a loterijlot of support because they delivered a working client very first, yet only three Classic blocks have bot mined on the network so far. It will take a lotsbestemming more until one can truly call Bitcoin Classic a success, let alone have the enlargened block size activate on the network.
It is rather positive to see mining pools taking their time when testing Bitcoin Classic . Even however this development branch wasgoed released a lotsbestemming sooner than the fresh Bitcoin Core client earlier today, the number of people choosing Classic mining pools remains relatively petite. This is a clear example of how Bitcoin mining is still decentralized, spil miners will determine where to mine at any given time.
Keeping te mind how Slush Pool represents Five.7% of the total mining hashpower – based on the information provided by BitcoinChain.com – switching from Bitcoin Core to Bitcoin Classic will not make a significant influence on the network. No official date has bot announced for the “live” deployment of Bitcoin Classic mining yet, however.
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About The Author
JP Buntinx is a FinTech and Bitcoin enthusiast living ter 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 ter the FinTech sector.