AntPool Started Mining BitcoinUnlimited, Very Important News for Bitcoin!
To remind - there is currently two camps on how the Bitcoin can scale - SegWit and BitcoinUnlimited.
AntPool on the other hand is the biggest Bitcoin mining pool in the world.
As you can see they own 16% of whole network and have shares in other pools too.
Currently SegWit and BU are head to head in latest blocks but with AntPool joining by tommorow we may have a new leader.
All Pools with Bitcoin Unlimited Support
Keep in mind when writing this post AntPool just started running BU and found 4 blocks so far.
The first block was 456058.
Why Does This Matter ?
Bitcoin network is currently stuck with high fees (up to over 1 USD per transaction) and there needs to be some solution. There are two camps fighting but the last say is by miners. Miners can fork the coin into their desired code if they have enough of network.
This means currently 63k of transactions were sent and didnt start moving at all.
Hear First Time of This Things?
Read this articles of mine which may explain the problem and situation a little more.
https://steemit.com/bitcoin/@kingscrown/guide-the-fastest-way-to-move-bitcoin-between-exchanges
https://steemit.com/bitcoin/@kingscrown/how-to-support-bitcoin-network-by-running-own-node-on-windows
https://steemit.com/bitcoin/@kingscrown/bitcoin-transaction-stuck-antpool-will-save-you
https://steemit.com/bitcoin/@kingscrown/bitcoin-unlimited-to-actually-fork-btc-before-segwit-keep-eye-on-ltc-too
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So nice to have a forum that wouldn't censor news like this...
Gotta love Steemit!
Man, you're right on top of this -- only 4 blocks found and you're already posting it up!
That, my friend, is worthy of an up-vote and a follow!
EDIT
!!!
Thanks man, im doing my best to be top spot to check on STEEM for daily crypto/bitcoin most important infos/tips ;)
Oh, and resteem :)
I appreciate and respect that, man.
You are so right. From the first day I found this guy, he has some of the most reliable, crypto advice and news going!!!
I hope everyone reading these comments follows @kingscrown -- You will never be disappointed and you will be so well informed.
That's huge!
I beat the bot again!!!! Another 100% UV for you my man!!!!
I love your stuff, you are so focused. You continue to be .....
TheMan
i want to ask if that kind of pool is safe !!! follow and upvote!!
and how long are you using this
Antpool is very good but if you are pro SegWit not BU then you should switch.
Its just politics inside BTC
So what are your thoughts on unlimited vs segwit as a fundamental price analysis?
Since its all adding up on the ETF thing i really dont know how to bite all of this.
Resteem. Followed. Hope you keep us updated!
Got to love steemit. Announced this hours ago got 50 cents. You get $2.81.
You made an short announce, ive made a full explanation with stats, charts and important information - this are 2 very different types of posts not only by lenght but also by content.
I see it all the time. Even with identical posts the person with the high rep gets the rewards.
I dont know about other posts that you have problem with but in this case the posts are way different.
Think of it as a class. Teacher tells children to write about Shakespeare. All write on the same topic but some get As, some Bs... Some Cs and Some Fs..
Also remember this is a social network
It's not just my posts. In fact it usually isn't mine since I post stuff that is from my house. I can see 3 or 4 people post the same news story in the day. If all of them just post a simple like to the article and say the first few sentences of the article along with the pic/vid from the article the payouts will almost always be determined by the reps of the poster. Order posting doesn't matter. The lower rep people will make 1 to 5 cents, rep 60 people maybe 10-20 cents rep 65+ people 50 cents or more. Over rep 70 and payouts in excess of $1 are almost a certainty.
Going from rep 63 to 64 my average payout jumped from in the 25-30 cent range to the 35-40 cent range. Nothing else changed. Well actually steem went down so it's even more of a difference than shown in that 10 cents.
It might also be due to the fact that @kingscrown has about 300 more followers, and thus 300 more pairs of eyes to see his posts.