The price of Bitcoin has risen 4% in the past 24 hours to over $650, led by Chinese exchanges on the back of a mining conference in Chengdu, which optimistically pointed to the end of the Bitcoin scaling debate.
The closing remarks from Huang shiliang, a famous bitcoin advocate in China, were essentially about galvanising the Chinese Bitcoin mining community, who own the majority of hashing power, to push for larger blocksizes sooner rather than later.
http://www.ibtimes.co.uk/bitcoin-price-surges-past-650-back-chinese-mining-conference-1587850
Topic: [2016-10-24]Bitcoin price surges past $650 on back of Chinese mining conference (Read 294 times)
October 24, 2016, 12:04:11 PM
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