With the latest release of the Bitcoin Core client a few days ago, mining pools are switching over to this new version one by one. Two of the first mining pools to do so are Bitfury, and BitClub and more mining pools are expected to follow in the coming weeks.
Also read: Indian Bitcoin wallet startup Zebpay crosses $15 million turnover
Mining Pools Embrace New Bitcoin Core Release
There has been a lot of talk regarding Bitcoin Core and Bitcoin Classic over the past few months, and these discussions are far from over. That being said, the latest Bitcoin Core client release is forcing mining pools to upgrade, their Core offerings, or switch to Bitcoin Classic, as the software includes the first soft fork to increasing the block size.
Among the first mining, pools to upgrade their software to the latest Bitcoin Core version are Bitfury and BitClub. BitFury is one of the largest mining pools in the world, which also supports Bitcoin Classic mining for those who are interested in doing so. It is good to see the company will stick with Bitcoin software solutions for the foreseeable future, though.
BitClub, on the other hand, has a very mixed reputation in the world of Bitcoin and digital currency, and understandably so. However, part of their business revolves around the mining pool, and it is good to see they’re keeping on top of things, regardless of what others may think of the company these days.
Note from the Author: BitClub has some serious Ponzi Scheme allegations to its name. Simply because they upgrade Bitcoin Core does not make them more legitimate. Always do your own research.
As we mentioned earlier, BTCC will be switching to the new Bitcoin Core client in the coming two weeks as well. Mining pools have a certain period during which they need to upgrade the client, and most of them will be testing the new release on a testnet before deploying it to all of their miners around the world.
Whether or not these decisions will impact bitcoin Classic in any way, remains to be seen. Despite the initial success, the software solution saw a stagnation in support as of late. The number of Classic blocks mined on the network has not increased by much in the past few weeks, but there is no significant drop-off in hashrate either.
Source: Reddit
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