Post
Topic
Board Bitcoin Discussion
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Chinese Mining Pools Propose Alternative 8 MB Block Size
by
AaronCraig
on 17/06/2015, 05:16:32 UTC
Five of China's biggest mining pools — AntPool, F2Pool, BTCChina, BW Mining, and Huobi —
have mutually agreed to a raise of the block size limit to 8 MB. They collectively rejected
Bitcoin core developer Gavin Andresen's proposal to raise the limit from 1 MB to 20 MB,
and instead presented a compromise.

BTW, these pools jointly account for some 55% to 60% of all hashing power on the Bitcoin network.