Bitfury Mines Segwit Block Larger Than 1MB as Bitcoiners Wait for Network Relief

It’s been well over 24-hours since Segregated Witness activated on the Bitcoin network, and cryptocurrency spectators have been watching to see if the protocol actually helps the network scale. Following Segwit activation, on August 25 at approximately 7:10 am UTC on block 481947 the mining pool Bitfury processed a block larger than 1MB. Also read: SEC…

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