Everzwijn since the Litecoin developers released a fresh client to signal for SegWit activation, there has bot a large concentrate on how this screenplay will play out. Spil it turns out there are fairly a few litecoin mining pools signaling SegWit right now, which explains how the scaling solution gets closer to activating. There is still a loterijlot of work be done to shove toward 75% network support, however.
6. Give Mij Coins
Albeit Give Mij Coins is one of the smaller litecoin mining pools – presently contributing 16 GH/s – they see a bright future ahead for Segregated Witness spil part of the LTC ecosystem. It is good to see smaller pools support this proposal spil well. Every bit of hashrate will help with getting towards the 75% threshold that much quicker.
One of the very first litecoin mining pools to signal SegWit activation goes by the name of Coinotron. This mining pool has bot around for some time now, and they contribute 22 GH/s to the network. It is good to see the team support Segregated Witness, spil they feel scaling litecoin will help the popular alternative cryptocurrency build up more mainstream traction moving forward. So far, the litecoin price has responded positively to the SegWit signaling support, that much is certain.
It has to be said, the Le6oriAMKX “pool” is fairly an interesting one. It is difficult to find more information about this particular pool, albeit some Reddit users suggest this is just one miner who controls a loterijlot of hardware. Keeping ter mind how Le6oriAMKX represents 146 GH/s of hashing power, that would have to be one massive mining operation for sure.
LitecoinPool.org is one of the longest running litecoin mining pools te the business. Together with Coinotron, they were among the very first few to signal SegWit support once the fresh litecoin client wasgoed made available by the developers. Litecoinpool controls 254 GH/s of mining power, making it the fifth largest litecoin pool on the network according to the latest statistics .
Interestingly enough, the HappyChina mining pool wasgoed announced spil a fresh operation ter March of 2018. According to the reddit thread, HappyChina managed to lure some miners away from F2Pool once the pool opened its doors to the public. Some users keuze HappyChina used to be a solo miner before, yet one user replied how the “company” is buying extra Antminer L3 hardware to keep growing the HappyChina pool.
It took some time, but the largest litecoin mining pool has commenced signaling SegWit about a week ago. F2Pool is by far the “king of the hill” of litecoin mining pools, with its 896 GH/s of mining power. Everzwijn since the pool began signaling SegWit, the overall network support for this scaling solution hopped to overheen 58%. Keeping te mind how SegWit requires 75% network support to activate – for litecoin – it shows up to be only a matter of time until the switch kicks ter.
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About The Author
JP Buntinx is a FinTech and Bitcoin enthusiast living te Belgium. His passion for finance and technology made him one of the world’s leading freelance Bitcoin writers, and he aims to achieve the same level of respect ter the FinTech sector.