KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1621.

bitmine49

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Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

So what exactly does this mean? Is this related to F2Pool's hashrate jump recently? And our dryout?

vh

hero member

Activity: 699

Merit: 666

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

there are dozens of versions of bitcoin software, all of which are in production:

core will reject classic 2mb. classic will accept core 1mb, can and does generate core 1mb block.
at the current pace, anyone tossing out a classic 2mb block will be the minority chain, and will be eliminated in a matter of hours.

i always wonder what kind of checks are in place. if someone tosses out a rogue 2mb block, antpool is kind of screwed.

Megaquake

hero member

Activity: 630

Merit: 506

Quote from: Megaquake on March 13, 2016, 08:10:15 PM

Quote from: clgrissom3 on March 13, 2016, 08:06:45 PM

Quote from: Megaquake on March 13, 2016, 07:59:25 PM

Quote from: Megaquake on March 13, 2016, 07:52:48 PM

Quote from: clgrissom3 on March 13, 2016, 07:49:45 PM

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

This has more serious implications than mining empty blocks.

We need input from Kano

Until he rejoins the forum...try this. And lighten up a bit...

https://bitcointalk.org/index.php?topic=789369.msg13566071;topicseen#msg13566071

Yea what he talks about their is fine but thats not the way it happened, it was done with a fork and not the entire chain which has negative implications to core.

It may not be that big of a deal but I think Kano has to change the config of the pool for the increase in block size.

Megaquake

hero member

Activity: 630

Merit: 506

Quote from: clgrissom3 on March 13, 2016, 08:06:45 PM

Quote from: Megaquake on March 13, 2016, 07:59:25 PM

Quote from: Megaquake on March 13, 2016, 07:52:48 PM

Quote from: clgrissom3 on March 13, 2016, 07:49:45 PM

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

This has more serious implications than mining empty blocks.

We need input from Kano

Until he rejoins the forum...try this. And lighten up a bit...

https://bitcointalk.org/index.php?topic=789369.msg13566071;topicseen#msg13566071

Yea what he talks about their is fine but thats not the way it happened, it was done with a fork and not the entire chain which has negative implications to core.

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: Megaquake on March 13, 2016, 07:59:25 PM

Quote from: Megaquake on March 13, 2016, 07:52:48 PM

Quote from: clgrissom3 on March 13, 2016, 07:49:45 PM

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

This has more serious implications than mining empty blocks.

We need input from Kano

Until he rejoins the forum...try this. And lighten up a bit...

https://bitcointalk.org/index.php?topic=789369.msg13566071;topicseen#msg13566071

Megaquake

hero member

Activity: 630

Merit: 506

Quote from: Megaquake on March 13, 2016, 07:52:48 PM

Quote from: clgrissom3 on March 13, 2016, 07:49:45 PM

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

This has more serious implications than mining empty blocks.

We need input from Kano

Megaquake

hero member

Activity: 630

Merit: 506

I think we will need a 100x increase in hash rates to keep up with the blocks

Megaquake

hero member

Activity: 630

Merit: 506

Quote from: clgrissom3 on March 13, 2016, 07:49:45 PM

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

This has more serious implications than mining empty blocks.

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: ?? on ??

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production

Haha! Why would they want larger blocks? The can't even fill the current block size!

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

Crap. I did not realize this.

Alehandros

member

Activity: 72

Merit: 10

Quote from: Megaquake on March 13, 2016, 07:26:30 PM

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

what are the possible implications to miners?

Megaquake

hero member

Activity: 630

Merit: 506

With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.

However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

They don't realize that leaving during a slow block is the WORST you can do, unless you're getting out of mining for a longer period.
If you leave during a slow-streak, once your 5Nd catches up and we hit blocks, you will have literally mined for nothing and lose any chance to make up for the losses.

cavaliersrus

hero member

Activity: 735

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

thinking about trying nicehash to rent from want to do a small test on it how the hell do i set it up ? looks confusing

sorry2xs

legendary

Activity: 924

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Dark Passenger Bitcoin miner 2013,Bitcoin node

fair weather miners

Megaquake

hero member

Activity: 630

Merit: 506

We have lost close ~300 miners whats going on?

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

Funny how since the last long block we lost 10+PH of hashes.

It's a Pain (I'm down quite a lot myself) but have to push through this damn thing.

wolfen

hero member

Activity: 770

Merit: 523

Quote from: TTravis on March 13, 2016, 06:33:49 PM

When their website works. I checked a couple days ago and their price was over $1000.

Quote from: jeremyf327 on March 13, 2016, 05:05:54 PM

I still can't figure out why someone would pay $800+ for an S7 on eBay when you can get a brand new one from Bitmain for less. When I ordered mine, it took less than a week to arrive here in the U.S. No problems with customs, etc. Very smooth and easy. You could probably do pretty well buying a bunch from Bitmain and turning them around on eBay.

Last s7 price I saw was $650 on bitmaintech

TTravis

full member

Activity: 165

Merit: 100

When their website works. I checked a couple days ago and their price was over $1000.

Quote from: jeremyf327 on March 13, 2016, 05:05:54 PM

I still can't figure out why someone would pay $800+ for an S7 on eBay when you can get a brand new one from Bitmain for less. When I ordered mine, it took less than a week to arrive here in the U.S. No problems with customs, etc. Very smooth and easy. You could probably do pretty well buying a bunch from Bitmain and turning them around on eBay.

jeremyf327

member

Activity: 79

Merit: 10

I haven't been able to load Bitmain's store page. Maybe some new miners coming?

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1621. (Read 5352322 times)