Bitmain's AntPool silently activates AsicBoost to speed up Bitcoin extraction

[ad_1]

It appears that one of Bitcoin's first mining pools, AntPool, has activated AsicBoost in its data mining operations. AsicBoost presumably increases mining efficiency by up to 20%, making its use very controversial.

C & # 39; is a website that tracks what percentage of Bitcoin BTC blocks are extracted using the new sneaky technology. Specifically, it shows that the block # 540032 was extracted from AntPool, and used AsicBoost to extract it more quickly than usual.

According to AsicBoost Block Explorer, block # 540032, extracted from AntPool, was

It is worth pointing out that this is not the first time that AntPool has faced such criticism.

In fact, the company was accused of using AsicBoost several times in the last period. year. The controversy began when BlockTO CTO Greg Maxwell called Bitmain the world's leading cryptocurrency mining hardware manufacturer, for using a "mathematical trick" called AsicBoost to extract Bitcoin faster than its competitors.

AntPool is controlled directly by Bitmain. Currently, AntPool is the second largest Bitcoin mining pool, accounting for 13.5% of the network. BTC.com (another Bitmain subsidiary) is the number one, which is 17.5 percent of the bitcoin hash power.

Bitmain has repeatedly denied developing the technology, claiming he never used it on the main blockchain of Bitcoins. The CEO Jihan Wu, however, acknowledged that the company has tested the technology on a test network.

Hard Fork contacted Bitmain for an official statement and will update this article if we receive an answer.

week, about 4% of the Bitcoin blocks were extracted using AsicBoost. You can keep track of how often it happens here.

Published September 5, 2018 at 4:10 pm UTC

[ad_2]Source link