THELOGICALINDIAN - Yesterday March 1 2024 bitcoin mining basin Slush Basin appear a voting about-face to let users vote on which Bitcoin agreement they appetite to address their hashing ability to Although the cutting majority of Slush Basin users havent voted yet the ones who accept voted accept accustomed Bitcoin Classic a huge advance over the added choices
Also read: Increasing Bitcoin Block Size vs. Higher Transaction Fees
Slush Pool Lets Users Vote on Major Protocol Choices
The basin gave its users 4 choices for area they could absolute their mining power:
At columnist time, a absolute of 217 users accept voted on which agreement they appetite to address their mining ability towards. This leaves 17,288 Slush Pool users who haven’t voted, authoritative up 98.76% of the pool’s user base.
This low akin of aborigine assembly is to be expected; the voting about-face was alone announced on Reddit 14 hours ago, and alone accustomed 173 upvotes as of columnist time — almost low compared to added big developments in the block admeasurement debate.
However, amid the bodies who accept voted, Bitcoin Classic is acceptable by a landslide. Classic has accustomed 193 votes, authoritative up 1.1% of Slush Pool’s user base. These users accept committed 591.5 Th/s to mining Classic blocks — which is 1.15% of Slush Pool’s absolute assortment rate.
The added choices accept accustomed alone a atom of the votes acquired by Classic. The vote administration as of columnist time is as follows:
Here is a graphical breakdown of the accepted voting results, not counting users who haven’t voted:
A Bright Future for Bitcoin Classic?
According to blockinfo.org, Slush Basin holds alone 4.4% of the network’s absolute hashrate, acceptation that the long-run aftereffect of their agreement voting will apparently not accept a cogent aftereffect on the aftereffect of the block admeasurement battle. Furthermore, with F2Pool — currently the better mining basin at 24.5% of the absolute hashrate — aggressive to abjure its abutment for the accord accomplished at the February 21 roundtable, Classic’s aboriginal advance on Slush seems alike beneath significant.
However, as Core blocks abreast their 1 MB limit, and with the absolute arrangement appropriately slowing down, beyond portions of the mining ecosystem may end up absorption to bigger blocks. With frustrations afire over ascent acceptance times, a move to Classic may be on the not-so-distant horizon.
Do you anticipate Bitcoin Classic will accomplish over Core? Let us apperceive in the comments below!
Images address of CoinMonitor, Slush Pool
