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GBMiners: We Haven’t Pulled Out of the SegWit2x Agreement

GBMiners, India’s largest bitcoin mining pool operator, has clarified that the company has not pulled out from the SegWit2x (NYA) agreement. pulled -  натянутый   прич тянуть, натягивать, притягивать, забрать, грести, рвать  гл Charlie Lee revealed GBMiners stopped signaling for the SegWit2x hard fork expected to occur in November. revealed -  показанный   прич  показывать, открывать, разоблачать   гл  открывающий   прич the GBMiners team explained that its mining pool briefly stopped signaling for SegWit2x because it had been testing for a few upgrades. The team stated: “We are testing for [a] few upgrades. We haven’t pulled out of NYA.” After all, GBMiners only accounts for a small percentage of the global bitcoin hashrate at around 2.5 percent. Other major mining pools like F2Pool, which accounts for a staggering 14 percent of the bitcoin hashrate has pulled out of the SegWIt2x agreement. staggering -  ошеломляющий, колеблющийся   прич  шататься, поражать, поколе

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What Would Happen if Singapore Regulates Bitcoin?

Ravi Menon -  stated that the country does not intend to regulate bitcoin and the cryptocurrency market in the short-term. intend -  намереваться . In essence, Menon shared the same sentiment as European Central Bank (ECB) President Mario Draghi, who as CCN reported, explained that the ECB is not planning regulatory frameworks for the cryptocurrency market as of yet. Draghi emphasized that the ECB believes the bitcoin market needs to mature for the institution to consider regulating it. sentiment -  настроение . Menon stated: “We’ve taken the approach that the currency itself does not pose the risk that warrants regulation. It is a known fact that cryptocurrencies are quite often abused for illicit financing purposes, so we do want to have AML/CFT controls in place. So those requirements apply to the activity around cryptocurrency, rather than the cryptocurrency itself.” approach - подход .  Although Menon clarified that there will be no strict regulations for the Singa

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Bitcoin: Is it a bubble or is it not the bubble?

Bitcoin: Is it a bubble or is it not the bubble? Perhaps this is NOT the question we should be asking. Instead, maybe we should be looking at other asset classes and seeing how all of them seem overvalued relative to their history. Loose monetary policy and easy credit has led to some odd market behaviors in the past few years and has led to investors chasing both yields and returns. As a result, many investors are adding alternative, nontraditional assets to their portfolios, including Bitcoin. Many people cite the dot-com bubble as evidence that Bitcoin is a bubble, but there are many differences. The largest among them is the size differential between the size of crypto and the tech market back in 2000. This is the result of traditional investors having nearly zero idea how to gain exposure to Bitcoin. The premium for the Bitcoin Investment Trust is evidence that these investors want in, but don't any real avenues to do so and hence the approval of an ETF should lead to a hug

What is Stake ?

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transact

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Freebitco HARD FORK POLICY

Bitcoin has 2 hard forks planned in the near future - "Bitcoin Gold" and "Bitcoin Segwit 2x". As we have done with the "Bitcoin Cash" hard fork in the past,  we shall support withdrawals of all hard fork coins as long as they are viable - ie. have wallet support, a working blockchain and straightforward redemption policies . The "Bitcoin Gold" hard fork currently does not seem to be a viable fork - since they have not given any information about the fork on their website ( btcgpu.org ) and have no supported wallets yet. If there are no wallets that support it, we shall not be able to make "Bitcoin Gold" available for withdrawals. If however, there is wallet support for "Bitcoin Gold" before the hard fork date and the block number for the fork is announced in advance, we shall make it available for withdrawal. We shall be supporting the "Bitcoin Segwit 2x" fork since it already has a working wallet and has announc

BitcoinZ - Your Financial Freedom

Community gift to the World. Type: Cryptocurrency Ticker / Symbol: BTCZ Algo: Equihash (always GPU mining - we promote decentralization in mining)  Max supply 21B coins  Current supply: 12500 coins every 2.5 minutes Current block size is similar to BCC/BCH (BTCZ = 2MB every 2.5 mins ~ BCC/BCH = 8MB every 10 min) Generally BitcoinZ coin is back to fundamentals. BitcoinZ Principles:  Everyone is equal and every coin is made by community and for community. We fight for freedom. Fair launch & announcement at first day Anonymous It is recommended to use anonymous zaddr for all transactions. Public taddrs transactions are also allowed. All contributors are welcome and everyone is volunteer - no premine or dev taxes - only POW algo  - we may change Equihash algo to other POW algo to prevent ASIC miners Equihash algorithm. BitcoinZ is Bitcoin 2.0: - Bitcoin technology - Anonymous transactions (zk-SNARKs privacy) - Bitcoin has all transactions publicly available.

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