[2017-03-21] Chandler Guo’s Mining Pool Makes the Jump to Bitcoin Unlimited

[bitlamp]

During the first week of February bitcoin miner and angel investor Chandler Guo revealed he would begin supporting Bitcoin Unlimited (BU) in the near future. Now on March 21, Guo has announced he’s made the jump towards voting for BU with his mining pool’s hashpower.

Chandler Guo Supports Bitcoin Unlimited
Over the past two months, there has been a lot of support directed at the BU protocol as many miners have begun to vote for the bitcoin client. Last week the large mining pool Antpool pointed a majority of its hashpower towards BU. Antpool currently runs 19 percent of the global hashrate.

Following Antpool’s decision to support BU, another mining operation called the Bitclub Network mined its first BU block on March 20. Bitclub Network’s pool commands 3.7 percent of the global hashrate and pool owners detailed they were frustrated with network congestion

Last month Chandler Guo said he was creating a new mining operation called X pool and stated, “The pool will signal Bitcoin Unlimited.” Guo has always been opinionated and vocal within the cryptocurrency industry as he is well known for his stance during the Ethereum fork. On March 21 Guo revealed to his Twitter followers, he will now be directing his support towards the BU protocol.

I’ve made the jump to Bitcoin Unlimited today. Come join us, come to Bitcoin Unlimited.

Guo’s X Pool Joins the Fleet of Global Miners Supporting the BU Protocol

At press time 40.3 percent of blocks mined on March 21 supported BU. Pools signaling BU support include Viabtc, Antpool, Bitclub Network, Bitcoin.com, BTCtop, Canoe, GBminers, and Slush.

Chandler Guo's Mining Pool Makes the Jump to Bitcoin Unlimited
40.3 % of blocks mined on March 21 show Bitcoin Unlimited (BU) support.
With the additional push from Chandler Guo’s mining pool, roughly another one percent of the network hashrate will be added to BU support. If Guo follows through with his original plan and adds another 100PH to the X pool, the operation hopes it can accumulate 3.3 percent of the global hashrate in the near future.

https://news.bitcoin.com/wp-content/uploads/2017/03/supoort.png

Bitcoin Unlimited support at the time of writing has signals stemming from nine mining pools. xbtc.exx.com&bw.com represents Chandler’s Guo’s X pool.

The Chinese investor is a big believer in the cryptocurrency revolution stating last year he believes the global GDP will be based on bitcoin. Guo also has a vested interest in Ethereum Classic (ETC) and has offered capital to ETC startups working with the protocol. With X pool (which also consists of BW.com) pointing its hashrate at BU, it shows Guo is once again stating his opinion publicly but also backing up his words with hash power.

What do you think about Chandler Guo supporting Bitcoin Unlimited? Let us know in the comments below.

[Carlton Banks]

Bitcoin Core has no chance. All the big Bitcoin Chinamen are colluding together to kick them out.

They'll be cursing their $500 paperweights when the PoW fork kicks them out instead


It's time. We must fork Bitcoin to a new PoW algo to preserve it.

[TraderTimm]

Bitcoin Core has no chance. All the big Bitcoin Chinamen are colluding together to kick them out.

They'll be cursing their $500 paperweights when the PoW fork kicks them out instead


It's time. We must fork Bitcoin to a new PoW algo to preserve it.

That's about it. They're colluding to push an agenda. They might not like the result - warehouses full of air-heaters. Maybe they could switch over to making hot-air popped popcorn? LOL.

I've never seen so much greed in my 'effin life coming out of China. Its like they'd sell their own grandma to get $100 bucks now, versus taking care of her and inheriting millions from her estate.

[Carlton Banks]

That's about it.

Yep. I'm already there, just waiting for you all to get onboard. I expect it's not going to take much more of this before everyone else sees what we're being faced with.


Take heed, everyone: call me paranoid, call me a loon, whatever. But I'm expecting geopolitical tensions to rise in lock-step with the Bitcoin fork wars. To not expect sudden major global events to simultaneously happen would not be diligent, watch both horizons closely.