Bitcoin cash news price
TNW uses cookies to personalize content and ads to make our site easier bitcoin cash news price you to use. In an announcement made last Friday, Antpool informed its users it recently began burning 12 percent of all BCH mining rewards. Solely out of the generosity of their heart and as a gratitude towards the investors who have been HODLing BCH — or so they are saying. Antpool explains on its website:.
While having active users spending BCH is very important for the ecosystem, having investors who hold BCH is also a fundamental requirement for maintaining a strong economy. We believe that they too should profit from the growth of BCH by their continued stake in the Bitcoin Cash ecosystem. The transaction fees earned by miners are an important growth indicator of the BCH ecosystem, and if a portion of the fees are burnt, it is effectively miners sharing revenue with the entire BCH network.
Outside of the BCH community, the efforts are being seen as an unjust attempt at manipulating the market. This is not the first time that Bitcoin cash news price is being accused of unfairly using its influence to temper with the market. Bitmain was involved in another controversy last month, when it became clear that its upcoming Antminer X3 ASIC mining bitcoin cash news price specifically designed for privacy-oriented like Monero and Bytecoin might be useless by bitcoin cash news price time it starts shipping.
Indeed, a few weeks later Monero tweaked its Proof-of-Work protocol, effectively rendering the machines unsuitable for XMR mining. That said, the miners should still be compatible with other CryptoNight-based coins that is unless they update their bitcoin cash news price algorithms too.
The attempts of Antpool to manipulate the market in this way are not be taken lightly. They highlight an important shortcoming of blockchain technology that has been a cause of worry since the beginning of cryptocurrencies.
While blockchain tech was designed to resist centralization and put control back into the hands of the masses, decentralized networks can still be dominated by large industry players that control the majority hash rate. Published April 24, — April bitcoin cash news price, — Antpool explains on its website: The efforts of Antpool appear to have made a positive impact on the BCH market.
Neer Varshney April 24, —
And it just continues to grow and grow some more. Please donвt open issues asking how much less the bot generates with --free-version; it is relative to your trading bitcoin cash news price, the market conditions, and the botвs performance. This unusual feature will help to predict alterations in prices even for assets which may not have been listed yet on any exchange platform.
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