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Bitcoin’s second day as two Blockchains is seeing continued volatility in Bitcoin Cash and calm at BTC.
Slush Pool along with other mining pools such as Bixin, will not support Bitcoin Cash and its August 1 hard fork execution.
Bitcoin Cash has suffered major losses in the past 24 hours while Bitcoin has risen almost 7%.
It has become likely that Bitcoin Cash will be created by a group of miners led by ViaBTC on August 1. However, investors should not fear the creation of Bitcoin Cash.
Bitcoin Cash, a new fork gaining popularity this week, has received what appears to be an endorsement from Roger Ver.
Bitmain clarifies its position on Bitcoin Cash hard fork, noting that it merely supported Bitcoin Cash as a contingency plan for UASF.
ViaBTC, the mining pool known for its strong support for Bitcoin Unlimited, polled its operators to decide whether to activate the Segwit scaling solution.
ViaBTC, the first mining pool to support Bitcoin Unlimited, will open an exchange by Q4 2017 after a 20 mln yuan funding round with Bitmain.
ViaBTC, one of the largest mining pools in the world, experienced a 50% drop in its hashpower after allocating all of its resources in mining Bitcoin Unlimited blocks.
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