TL;DR: Noted Bitcoin mining veteran and longtime developer Jonathan Toomim recently proposed a change in the difficulty adjustment algorithm (DAA) for Bitcoin Cash (BCH). It, in turn, spawned new rounds of debate about DAA, the culture of BCH, and how best to move the project forward.And, at least one faction is set to hold a developers meeting this week in hopes of fleshing out the issues ... As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. According to Bitcoin miner Jonathan Toomim, mining BTC is around 10% more profitable during these BCH ‘dry spells’ and BTC.TOP has been mining at a loss to reduce these long validation times. His estimates suggest that they have lost around $16,400 already and are en route to losing $20,000 this month. Toomim also reported how this behavior had only started this month and that prior to ... These days block reward winners have been fairly diversified on the Bitcoin SV ledger. Supply: Coin.dance. A lot has been made about Binance’s pool having majority hashrate of a coin’s chain they delisted from their exchange final April. Whereas this was stunning to some, it shouldn’t be if Satoshi’s imaginative and prescient for ... Software developer and miner Jonathan Toomim published a video on July 2 which shows how he built a benchmark to measure the performance of the Bitcoin Cash reference client Bitcoin ABC. Toomim ... Bitcoin adjusts the mining difficulty parameter every 2016 blocks, but on August 1, 2017, Bitcoin Cash added an Emergency Difficulty Adjustment (EDA) algorithm that ran alongside the DAA.
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