BCH Bot Tippr Produced Tips Worth $70K on Reddit

A new Bitcoin Cash tip bot Tippr that lets users send small transactions using BCH is gaining more and more popularity due to fast and easy use
17 January 2018   2204

Tippr is a new convenient Bitcoin Cash tipbot for Reddit and Twitter users that allows them to reward good content when they want to support the author by leaving a tip. If the users of Twitter want to send instant payment they just have to write $0.50 @tipprbot somewhere in the comment section, and the same works with Reddit users, who should write $0.50 u/tippr. The amount of money is not limited.

Tippr bot on twitter exampleExample of how Tippr bot works on Twitter

In the recent tweet, the official account of Bitcoin reported that Tippr bot has produced $70,069 worth of approximately 50.1 BCH. All in all 20487 tips were made by 9813 users on Reddit, and this amount does not include tips made on Twitter.

Tippr rips per day chartTippr tips per day chart

According to the data about Tippr bot transactions, there are users who make pretty much huge tips, and the hugest amounts were $5388 and $7398. As for the moment of press, the amount of tips made on January 17 solely is $509.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1 560,38
  • Marketcap: $26 396 324 308
  • 24h volume: $1 285 150 000

Two Mining Pools to Gain 50% of the BCH Hashrate

Media reports that Coingeek and BMG Pool are affilated with odious Australian entrepreneur Craig Wright
18 September 2018   517

The centralization of Bitcoin Cash mining has reached a new level after only two pools - Coingeek and BMG Pool - have established control over more than 50% of the total network hash. This is reported by Trustnodes.

Bitcoin Cash Mining Pools
Bitcoin Cash Mining Pools

Earlier today, there were also reports that at some points the aggregate capacity of both pools reached 58%.

While BMG Pool directly belongs to the odious Australian entrepreneur Craig Wright, the no less scandalous Calvin Ayre, who maintains close ties with Wright, is considered the nominal owner of Coingeek.

The current situation, the media believes, does not exclude the possibility of collusion of the 51% attack on the network. In particular, in this case there is a probability of double spend of coins, which, accordingly, will force the exchange to increase the number of required transaction confirmations.

At the same time, the current situation is likely to be a demonstration of power by Craig Wright on the eve of the November upgrade of the network. As a result of disagreements between different groups of developers, it is still possible that Bitcoin Cash, which at one time split from bitcoin, will itself be split into two separate chains.

Note that the Bitcoin Cash hashrate on the whole continues to remain at a fairly low level, accounting for less than 8% of the bitcoin.