Reddit: Bitmain Pools to Reject SegWit Transactions

The interesting Reddit discussion was spotted by a popular trader WhalePanda
30 October 2018   936

The mining pools AntPool and BTC.com, which is operated by the largest manufacturer of mining equipment Bitmain, reject all SegWit transactions in the Bitcoin network. This is reported by a well-known trader WhalePanda, with a link to users of Reddit.

So, the user -johoe stressed that AntPool managed to get four blocks in a row, thereby filling the memory card with SegWit transactions. If on block # 547 566 the commission was 0.04 BTC, then on the next block, which went to BTC.com, it was already 0.24 BTC.

Nevertheless, many users agreed that pools simply harm their business because of ideological convictions, while the Bitcoin network is resistant to this kind of censorship.

In early September, AntPool was accused of using the AsicBoost optimization algorithm on block # 540 032.

After a month and a half, Bitmain introduced updated software for Antminer S9 devices with this algorithm, and soon the solution was implemented in the Braiins Wolfram operating system from Slush Pool.

Bitmain to Close Norwegian Office

Main reason for this decision was the cancellation by the local authorities of special preferential conditions for the mining industry
18 March 2019   61

The Chinese manufacturer of mining equipment Bitmain announced the closure of the Norwegian division, according to ICOshock.

The office will be moved to Germany, where, according to representatives of Bitmain, the conditions are more favorable. The Scandinavian office of a Chinese company lasted only a year.

According to Julie Hvideberg, ex-manager of the Norwegian division of Bitmain, the main reason for this decision was the cancellation by the local authorities of special preferential conditions for the mining industry, including lower electricity tariffs. She also expressed the opinion that in the future the largest mining pools will be concentrated in China and Russia, where there is low-cost electricity.

Last year the problem with problems with regulators was faced by the Norwegian mining farm Kryptovault. Authorities and local residents considered the company too noisy.