Mining Pools Collude to Fund Bitcoin Cash Infrastructure Miners who do not “follow the plan” will have their blocks orphaned. Shutterstock Jhiang Zhuoer, CEO of BTC.TOP, a major BCH mining pool, has revealed that top miners have agreed on a proposal to divert 12.5% of the network’s block rewards to infrastructure development. A Controversial Take on Development Funding Bitcoin Cash is about to embark on yet another string of contentious decisions as the top mining pools push for development funding to come out of miner block rewards. Had the mining pools decided to donate a share of block rewards, there likely would have been no controversy. However, by threatening to orphan the blocks of miners who don’t want to contribute a portion of their rewards, these mining pools have inevitably drawn ire from the community. As per data from Coin.Dance , the top five mining pools that okayed this p...
Posts
Showing posts from January, 2020