Search results for Stratum V2
Crypto
Top 3 countries account for 65.4% of bitcoin mining, U.S. slips and Russia rises
The United States’ share of the bitcoin mining network fell while Russia’s rose, but the combined share of the top three countries remained above 65%, estimates showed. Hashrate Index’s October country estimates put the combined share of the United States, Russia and China at 65.4%. The U.S. estimate slipped to 335 EH/s and Russia’s rose to 170 EH/s. The overall network estimate held near 941 EH/s.
Crypto
Bitcoin miners may miss rewards as pool difficulty adjustment shows flaw
A potential flaw in how mining pools automatically adjust share difficulty could leave Bitcoin miners consuming power while failing to submit enough shares for reward calculations after a sudden drop in hashrate, an analysis said. The issue involves variable difficulty controllers that adjust share difficulty per connection, not the Bitcoin network’s overall mining difficulty. The review outlined a possible weakness and ways to test it, without proving widespread losses.
Crypto
Gomining launches bitcoin payment service
Bitcoin mining company Gomining has launched GoBTC Pay, a service designed to help businesses accept bitcoin payments more easily. CoinDesk reported the move puts Gomining in competition with Block unit Square. Gomining says transactions are handled entirely in bitcoin, unlike rivals that settle merchants in fiat currency. Gomining merchants wanting fiat must cash out themselves. The service settles on the bitcoin network in about 12 hours and charges a 0.2 percent fee.