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Reddit: Bitmain’s Mining Pools Rejecting SegWit Transactions

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Tue, 30/10/2018 - 11:01
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Reddit: Bitmain’s Mining Pools Rejecting SegWit Transactions
Cover image via U.Today
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Trader WhalePanda, referring to Reddit, reports that AntPool and BTC.com, mining pools controlled by Bitmain, have no longer been processing SegWit transactions in the Bitcoin network for the past four days.

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The tweet provoked a heated discussion. The –johoe user pointed out that AntPool has already managed to produce four blocks in a row, thus it has filled the mempool with SegWit transactions. If at block #547 566 the commission fee was still 0.04 BTC, says the user, at the next block, which was done by BTC.com, the fee jumped to 0.24 BTC.

Still, a lot of twitterians agreed that the pools are simply “digging their own grave” out of ideological principles while the BTC network is not vulnerable to this kind of censorship.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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