hashpower

Galaxy

2026-08-24 01:30:47

Galaxy research head says BIP-110 nodes peaked at only about 20% of network

Galaxy’s head of research said in a post on X that BIP-110 nodes reached a peak of only about 20% of the entire network, even under an assumption that there was a relatively high probability of Sybil nodes. The comment framed the node share as far too small to support the level of backing some observers appeared to imply. The executive also said it was "quite amusing" to see Mechanic and others act so shocked that BIP-110 did not pass. In the same post, he argued that even if that roughly 20% were fully counted, the associated hashpower share would still be nowhere near enough. He described the mining power behind it as very small, while reiterating that the node share itself was only about one-fifth of the network and still far from the stated goal.

1240

Bitcoin

2026-08-13 02:35:52

BIP-110 fails to activate after winning about 2.5% miner support, leaving a stalled minority chain

BIP-110 failed to activate when its deadline arrived after receiving only about 2.5% of miner hashpower support, according to ChainCatcher. Nodes running the proposal split from the Bitcoin mainnet at block height 961632, and the minority chain later stopped producing blocks. The chain inherited Bitcoin’s mining difficulty while controlling less than 3% of network hashpower, which left block production stalled. Reactions quickly split across supporters and critics. Bitcoin Mechanic, speaking in a personal capacity as a backer of BIP-110, said the outcome showed Bitcoin had fallen into what he called "protocol capture," arguing that large mining pool operators coordinated to influence consensus rules and weaken node sovereignty. Cysic founder and CEO Leo Fan took the opposite view, saying Bitcoin’s difficulty adjustment mechanism protected the main chain and that BIP-110’s forced activation design was the central flaw. Separately, the anonymous owner of 1win said support for the proposal reached only 2.53%, well below the 55% activation threshold, while the main chain continues to run normally. Some supporters are now considering a hard fork to change the proof-of-work algorithm, and Bitcoin Mechanic said he will resume node operations after a Bitcoin Knots update.

1360

Ravencoin

2026-08-11 11:24:56

Ravencoin Could Roll Back Four Days of Transactions After Invalid Block

Ravencoin, a blockchain built from Bitcoin's code, may roll back four days of transactions after the first invalid block appeared on Friday. Two mining pools controlling most of its hashpower are rebuilding the chain from before that block, putting deposits, withdrawals and payments since then at risk.

1760

Mining City

2026-07-09 05:58:20

Mining City Maps Out a Global Hashpower Strategy With Overseas Mining Farms

A sponsored profile of Mining City outlines its hashpower rental model, overseas mining farm access, and global expansion strategy across more than 50 countries.

1770