On January 29, it has been discovered that the Bitcoin blockchain nearly forked. The Bitcoin.com Mining Pool was running Bitcoin Unlimited software, and accidentally mined a block greater than 1MB. This block, which is considered as an invalid block under the current Bitcoin consensus rules was rejected by the network. However many mining pools which … Read more
It seems that since the false trading volume has been halted at the chinese exchanges that Bitcoin has been hovering around the $850 – $900 mark and it hovered there for a while; however it has begun to creep up as of yesterday, to break it’s sleepy spell. This could be a sign that the … Read more
This a step by step guide on how to setup your own crypto-currency mining pool. This guide is going over how to setup an MPOS (Mining Portal Open Source) Pool using NOMP as stratum (Node Open Mining Portal). This is meant to setup a mining pool for a SINGLE CRYPTO CURRENCY. This is not a … Read more
Starting January 24 around the same time as the news announcement on exchange fees, the mempool reached 25MB in size, and even a 50 US cent worth of a transaction fee was not pushing transactions through quickly, with some taking up to 18 – 24 hours to confirm. This is likely the result of many … Read more
As of January 24, Chinese Exchanges begun to charge fees, clamping down on the false trading volumes that have plagued Bitcoin in recent years from the Chinese exchanges. This was done by introducing fees on trades, meaning automatic trading bots could no longer function profitably. The trading between one’s own accounts used to be a … Read more