Many major mining pools and firms including KnCMiner, Bitfury, f2pool, BTCChina and 21 Inc. have begun to publicly support Jeff Garzik’s BIP 100, by dedicating a huge part of their hashing power to mine BIP 100 blocks.
As Bitcoin Core Developer Jeff Garzik explains, the objective of Bitcoin Improvement Proposal or BIP 100 is to “remove [the] static 1MB block size limit” and to simultaneously add a new floating block size limit set to 1MB.
Currently, […]
