Main navigation

Reddit: Bitmain’s Mining Pools Rejecting SegWit Transactions

article image
Yuri Molchan
Bitmain’s miners avoid verifying SegWit transactions
Reddit: Bitmain’s Mining Pools Rejecting SegWit Transactions
Cover image via U.Today
Read U.TODAY on
Google News

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.

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.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.