February Cryptocurrency Hard Forks

From this article you will find out which tokens and coins are undergoing hard forks in February 2018
22 February 2018   731

Cryptocurrencies are developing and improving, and there is a tendency that hard forks of the coins occur at newly created blocks.

A soft fork is a change to the protocol that restricts the ruleset enforced by full nodes that upgrade to enforce the soft fork rules, while a hard forkis a change to the protocol that loosens the ruleset enforced by full nodes. Hard fork is the changes to the programming of the coin that create incompatibilities between the older and newer version. 

From this article you will learn about the forks of the cryptocurrencies which occur in February 2018.  

Date Cryptocurrency fork
February 23 HempCoin 
February 28 Bitcoin Private 

February 23

HempCoin

HempCoin is a highly focused digital currency for the agriculture and farming industry and marijuana and hemp industry, built on the source of Bitcoin, and its use includes the marijuana dispensaries and the entire agriculture and farming trade business.

Hempcoin logo

In the end of January 2018, HempCoin has announced that it will implement the hard fork, which will occur on February 23, 2018. 

Read more about the HempCoin hard fork

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February 28

Bitcoin Private

Zclassic developers plan to fork Bitcoin to create Bitcoin Private, a privacy-focused Bitcoin that mashes up the features of Bitcoin Gold and Zcash/Zclassic.

Bitcoin Private logo

Bitcoin Private will use the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.

Read more about the Bitcoin Private hard fork

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Our editorial board tracks all the latest announcements and we will add the new forks as more information comes in!

HashFlare Users to Face Withdrawal Issues

Looks like Bitcoin cloud mining is not super profitable
18 July 2018   98

Users of HashFlare mining pool can't withdraw their funds, while their contracts are threatened with a temporary ban. Even lower restrictions on withdrawal of funds in the amount of 0.03 BTC caused problems for users, but the service raised the threshold to 0.05 BTC and 0.1 ETH . This is reported by Cryptovest.

In addition, financial pyramids are often promoted under the guise of mining contracts for cloud mining. For last few months, there was a big jump in mining difficulty of many cryptocurrencies, so, old contacts had become unprofitable.

As reported, the reason for the locked funds dates back further - at the beginning of June, so much hashing power was flowing into the Bitcoin network that contracts saw all the mined coins go toward their maintenance fee.

Currently, more and more users who have purchased contracts at earlier stages are facing the fact that they can not withdraw their funds. One of them managed to return the money spent through the bank card operator after filing a corresponding complaint.

To anybody that purchased a Hashflare cloud mining contract with a credit card, it might be possible to get a refund with that credit card as one of my followers tipped me. He bought his contracts at the end of 2017.
 

bccponzi at Twitter

The hash rate of bitcoin increased from 13 EHash / s at the beginning of the year to more than 40 EHash / s in recent months. The difficulty of mining in the present conditions depends on the circumstances of the specific miner. The cost of bitcoin mining for some of them is $ 4,400, while others spend about $ 5,800. However, in 2018, cloudy mining is called an even more dubious occupation than before, especially when it comes to mining bitcoin.