The little known bitPico Mining Pool stated that, contrary to the statement on the refusal of the SegWit2X hardfork, it is intended to implement it. Also bitPico states that it controls about 30% of the bitcoin network hashrate.
We are carrying out the fork regardless as everything is set in motion. Backing down the difficulty right now is a strategy. Wonder why 30% network hash-rate disappeared? It’s ours; the miners that will continue what is set in motion... A handful of humans cannot stop what they have no control over...
From the bitPico statement it follows that the pool is allegedly responsible for reducing the hashrate of the bitcoin network by doing it intentionally in order to reduce the complexity of the mining and simplify the block generation.
Bitcoin Hashrate and Difficulty
At the moment it is not clear who exactly stands behind the bitPico and whether this pool actually exists. So, a number of people on the web notes that a simple search on Google shows that even before September nothing was known about the pool with this name.
— I am Nomad (@IamNomad) 9 ноября 2017 г.
Also, there is no evidence that the pool actually controls 30% of the network hash. The last post in Twitter BitPico is dated October 27th.
— ɃitPico[YES2x] (@bitPico) 27 октября 2017 г.
We can not exclude the possibility that SegWit2x futures traders may be behind the bitPico, concerned about the high probability of losing funds as a result of the futures price drop. Since yesterday's announcement of the refusal to implement hardfork, their price has fallen by more than 70% and at the time of publication is $ 287.
SegWit2x futures price chart
Even assuming that the bitPico statements are true, and SegWit2X will be conducted, controling a 30% of Bitcoin hashrate does not give a chance that the new chain will be able to be bitcoin.
It should be noted that while a significant part of the community welcomed the decision to abandon SegWit2X, a number of industry representatives, such as Coinbase, said they continue to monitor the situation.
We are actively monitoring today’s update on Bitcoin Segwit2x and will provide an update in the coming days.
— Coinbase (@coinbase) 9 ноября 2017 г.
Bitcoin community expressed skepticism about this situation.
— Kirk Steele (@xreducks) 9 ноября 2017 г.