Please Raise the Block Size: Bitcoin Mining Community Poll

genesis cloud miningThe biggest topic in Bitcoin over the last month has been what to do with the size of blocks within the block chain. Mike Hearn and Gavin Andresen have been vocal and influential proponents of a size from 1 MB o 20 MB blocks to ease the growth of Bitcoin as a global currency. At this current 1 MB rate, they say the network will enter a logjam situation within the next year, and this is the preventative maintenance needed that would help the situation both in the short-term and the long-term. I spoke to Marco Streng, CEO of Genesis Mining and asked what their company’s view is of the block size debate. Management took the issue to their miners to get a feel for how the average miner thought of the solution to any such future issue within the block chain.

Want to Work With Bigger Blocks?

Over 100 miners responded to the question, and there are

Read more ... source: CryptoCoinsNews