BitFury Backs BIP 100 Blocksize Proposal

By August 27, 2015Bitcoin Business

Black and White Blocks The best-capitalised mining firm in bitcoin has waded into the block size debate – stating it must be resolved by consensus.

BitFury, previously silent on the hot-button issue, said it will join bitcoin’s biggest mining pool in backing Jeff Garzik’s "market-led" BIP 100 proposal , which lets miners ‘vote’ on the size of each block.

CEO Valery Vavilov told CoinDesk: "We think that the block size debate must be resolved by consensus […]

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