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Nodecounter Directs Its Hashrate at Bitcoin.com’s Mining Pool

Nodecounter Directs Its Hashrate at Bitcoin.com’s Mining Pool

The bitcoin data website Nodecounter.com, which also helps manage a mining operation at Nicehash, has announced they are switching mining pools from Slush and are now pointing their hashrate at pool.Bitcoin.com.

Also Read: The New 110% Unlimited Bitcoin.com Mining Pool is Now Open to Everyone

Nodecounter’s Hashrate Joins the Bitcoin.com Mining Pool  

Nodecounter Directs Its Hashrate at Bitcoin.com’s Mining Pool Nodecounter is a graphical data site that records the Bitcoin network’s node count across a variety of different Bitcoin clients. This includes protocols such as Bitcoin Unlimited (BU), XT, Core, Classic, and unknown nodes throughout the network. Additionally, Nodecounter manages a rented mining donation operation that utilizes funds to mine bitcoins.

Over the past year, the organization has been mining with Slush Pool originally supporting Bitcoin Classic blocks but have since switched to the BU protocol. More recently Nodecounter says that Slush Pool’s operator has used slander against BU supporters and the insults have gone on long enough.

Nodecounter explains that the organization believes in free market choice, rather than the edicts of pool operators, and will now mine with Bitcoin.com’s mining pool“Bitcoin has become far too political,” explains Nodecounter.

Money speaks louder than words, and that is precisely how Bitcoin was designed to operate and incentivize.

Nodecounter Directs Its Hashrate at Bitcoin.com’s Mining Pool
An example of Nodecounter graphical data charts. This chart shows all the nodes from different clients on March 22 2017.

Second Layer Solutions and Simpler Malleability Fixes

The data website and mining multi-pool details that Slush’s statements are misleading and BU supporters are not against second layer solutions. Nodecounter believes second layer scaling can be achieved with “simpler malleability fixes” as many BU supporters believe Segwit is too complex.

“Rather than attempting to change Slush’s mind, we are simply moving our hashrate elsewhere,” Nodecounter says.

Nodecounter reports that the mining donation fund has been very successful as the organization has mined over 736 BTC or roughly US$750,000 in rewards. “The efficiency of this mining fund is very high, and it has proven that it can re-invest for over six months off a single donation,” explains Nodecounter.

The Attempt to Make Bitcoin Great Again

The organization details that all they want is for Bitcoin to `be great again´, with low fees, fast confirmations, and more  use cases. Nodecounter also believes scaling and second layer solutions can be achieved if developers didn’t support “censored discussion areas.”

Nodecounter adds, “This is the same Bitcoin we have all known and loved for years.”

What do you think about Nodecounter switching mining pools? Let us know in the comments below.


Images via Nodecounter.com, and Bitcoin.com.


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Tags in this story
2nd Layer Scaling, Bitcoin Unlimited, Bitcoin.com Mining Pool, Classic, Core, malleability, Nodecounter, nodes, SegWit, Slush Pool, XT
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Jamie Redman

Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today.