BTCC to Close It's Mining Business

This measure is caused by the "business adjustments"
07 November 2018   655

BTCC will shut down the mining pool BTCC Pool Limited due to "business adjustments", CoinDesk reports.

BTCC, also known as BTC China, launched a pool in 2014, along with the Mobi wallet and the eponymous cryptoexchange.

Note that on August 24, 2017, BTCC Pool mined the block on which the SegWit protocol was activated. In June of this year, Hong Kong financial company Value Convergence announced its intention to acquire a 49% stake in the pool.

BTCC was the oldest crypto-exchange in China before the events of September 2017. Exchange founded Bobby Lee, brother of the creator of Litecoin Charlie Lee.

Amberdata to Study Abnormal ETH Miners Rewards

As reported, unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and the bot did not work correctly
21 February 2019   108

The research startup Amberdata analyzed the activity of the Ethereum network in the last 24 hours and, like the media, found five transactions with an abnormally high commission.

It turned out that all five transfers were made from one address. Within four hours, the owner of the address paid the miners about $ 583,976 for processing transactions.

Note that the commission for block # 7,238,290 in the amount of 2103,1485 ETH, which was received by the Sharkpool pool, is the largest in the history of the network. Nevertheless, representatives of the pool temporarily froze funds in case the owner of the address made a mistake.

Amberdata is convinced that an unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and then the bot did not work correctly.