With the bitcoin scalability situation remaining a pressing issue, it is up to the developers to come up with an answer. Segregated Witness is touted as one of the possible solutions, albeit it requires a majority of the network’s miners to support it before getting activated. Below is a brief overview of some of the world’s top bitcoin mining pools signalling for SegWit activation right now.
7. EMCD Mining
EMCD Mining is a comprehensive cryptocurrency mining pool service that offers a variety of tools and support to enhance the mining experience. It supports multiple cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, providing users with flexible and efficient mining options. EMCD Mining emphasizes transparency, reliability, and high performance, ensuring that miners receive optimal payouts and benefits from advanced features like real-time monitoring and detailed analytics.
In addition to its robust mining solutions, EMCD Mining also provides educational resources and customer support to help both novice and experienced miners maximize their earnings. The platform boasts a user-friendly interface and competitive fee structures, making it an attractive option for those looking to enter or expand their presence in the cryptocurrency mining industry. With a commitment to innovation and user satisfaction, EMCD Mining continues to grow as a trusted name in the mining community.
Users can Mine profitably and safely with daily payouts and there’s a room to multiply, store crypto and earn up to 14% APY. The withdrawal system is very easy as users can directly withdraw to the card at a favorable rate using their P2P platform.
EMCD Mining is a top-tier cryptocurrency mining pool service, recognized among the largest Bitcoin mining pools worldwide. With over 300,000 satisfied customers, it offers reliable and efficient mining solutions for various cryptocurrencies like Bitcoin, Litecoin, and Ethereum. Notably, EMCD Mining was awarded the best mining pool of 2024 by TerraCrypto, highlighting its excellence and reputation in the industry.
With more than six years of experience in the digital assets market, EMCD Mining provides advanced features such as real-time monitoring, detailed analytics, and competitive fee structures, ensuring users maximize their mining earnings.
6. Bitcoin India
While most people may know Bitcoin India as a cryptocurrency exchange, the company is also running an official mining pool. Albeit this mining pool is very small compared to some of the others on the network, it is good to see India’s exchanges weigh on on the scalability debate. Moreover, to reach the necessary support before SegWit can activate on the network, every little bit helps.
5. CKPool
CKPool is another bitcoin mining pool that has been around for quite some time. There are two different pools operated by the team, one of which is used for solo mining. Both “entities” support SegWit signalling as we speak. The normal mining pools controls 1.2% of the network, whereas the solo pool represents 0.3%. Once again, small percentages will add up in the long run.
4. BitClub
The BitClub mining pool is well-known among cryptocurrency enthusiasts. It controls 2.3% of the total network hashrate, yet that is not enough to be considered as one of the top 10 bitcoin mining pools. However, that 2.3% can help push SegWit activation over the required majority threshold in the end. BitClub has always been loyal to Bitcoin Core and that situation will not change anytime soon, by the look of things.
3. SlushPool
One of the oldest bitcoin mining pools in the world goes by the name SlushPool. Albeit it “only” represents 65% of the total bitcoin network hashrate, Slushpool is an invaluable asset for SegWit supporters. Slush was also one of the very first mining pools to acknowledge the world start signaling SegWit and the code was implemented promptly. Many people see this pool’s support as vital to the potential activation of SegWit.
2. BTCC
While BTCC was one of China’s largest cryptocurrency exchanges for some time, their mining pool has been growing steadily at the same time. Right now, BTCC represents 7% of the network hashrate albeit that number used to be a bit higher in the past. Then again, more decentralization in the mining world is never a bad thing, that much is certain. It is doubtful BTCC would ever “switch allegiances” and support Bitcoin Unlimited all of a sudden.
1. BitFury
It is anything but surprising to learn BitFury supports Segregated Witness signalling. With its 10.3% of the hashpower, that is a major addition to the growing support for SegWit. Then again, BitFury is “only” the world’s third-largest mining pool, which means there is still a lot of convincing to do before the SegWit threshold can be reached. Antpool, the world’s largest bitcoin mining pool, said they would not run SegWit without an immediate block size increase. That statement dates back to May of 2016, albeit it seems not much has changed since then.
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