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Author Topic: [2016-10-07] Bitcoin.com Secures 1% of Global Hashrate, Paying Miners 6% More  (Read 977 times)
Karartma1 (OP)
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October 08, 2016, 09:53:48 AM
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Bitcoin.com Secures 1% of Global Hashrate, Paying Miners 6% More Than Other Major Pools

On October 6, Bitcoin.com mining pool officially mined its 10th block after securing nearly 1% of global hashrate. Its founder Roger Ver noted that Bitcoin.com has been paying its miners around 6% more than other major pools.

The emergence of the Bitcoin.com mining pool and its 1% global hashrate holds more significance than others may imagine, considering their stance on the Bitcoin block size debate.
Importance of Bitcoin.com’s Rising Hahsrate

Bitcoin Unlimited, a project designed to hard fork the Bitcoin network for scalability, allows miners and node operators to decide their own blocksize limits. The Bitcoin.com mining pool is one of the few groups to support this project designed to scale the Bitcon network to a capacity miners see fit.

https://cointelegraph.com/news/bitcoincom-secures-1-of-global-hashrate-paying-miners-6-more-than-other-major-pools
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Whoever mines the block which ends up containing your transaction will get its fee.
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October 08, 2016, 12:26:49 PM
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how's this extra six per cent possible? is this a bribe to get bigger blocks coming out of his own pocket?
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October 08, 2016, 03:20:11 PM
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I hope the project becomes successful and miners are finally able to reduce the block size.

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October 08, 2016, 03:54:10 PM
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So basically Ver has 1% of global hashrate, putting his twat like activities at number 17 when ranked for hashrate.

He wants to get a miner majority so he can ram crap down people's throats, hard-fork style. What a fucking loon. China isn't going to play along, and they have a much larger vested interest than some mono-brow PR flack like Ver.

Its amusing to see him try to pull together resources. My money says his efforts fall apart after he can't afford to be a 'loss leader' on payouts -- which I assume he's making on top of the normal block reward -- how else can they claim they make more?

In short -- just another Ver mirage...

fortitudinem multis - catenum regit omnia
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October 09, 2016, 07:45:02 AM
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https://www.reddit.com/r/btc/comments/56fhix/the_hard_fork_cafe_opens_tonight_in_milan_italy/

He's crazy!
Not only paying miners more, yesterday in Milan he gave food and beer for free
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October 09, 2016, 10:30:40 AM
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So basically Ver has 1% of global hashrate, putting his twat like activities at number 17 when ranked for hashrate.

He wants to get a miner majority so he can ram crap down people's throats, hard-fork style. What a fucking loon. China isn't going to play along, and they have a much larger vested interest than some mono-brow PR flack like Ver.

Its amusing to see him try to pull together resources. My money says his efforts fall apart after he can't afford to be a 'loss leader' on payouts -- which I assume he's making on top of the normal block reward -- how else can they claim they make more?

In short -- just another Ver mirage...


It's mind-boggling how a high level Bitcoiner can go nuts to a pathetic level in a matter of a year. I think the worst has still to be seen from him. In the long run it can do more harm than good for Bitcoin. Ego prick that he is.
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October 09, 2016, 10:59:42 AM
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Oh joy, yet another thread where people who claim to espouse to the notions of a free and open system where anyone can modify and run code as they choose, complain about other people modifying and running code as they choose.  If you can't handle it, there's plenty of closed source bankster crapcoins you can get involved with.  You and your fascist mindsets all far more dangerous to Bitcoin than Ver could ever be.

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TraderTimm
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October 09, 2016, 05:03:44 PM
 #8

Oh joy, yet another thread where people who claim to espouse to the notions of a free and open system where anyone can modify and run code as they choose, complain about other people modifying and running code as they choose.  If you can't handle it, there's plenty of closed source bankster crapcoins you can get involved with.  You and your fascist mindsets all far more dangerous to Bitcoin than Ver could ever be.

We're free to express our opinion. All you have is facile arguments about code mutability. So what? This isn't about changing code, its about a self-appointed Don Quixote-esque character that doesn't see reason.

But go ahead, keep throwing stones from your glass house.

fortitudinem multis - catenum regit omnia
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