π On October 27, the creator of Litecoin and former Coinbase CEO Charlie Lee, said that GBMiners, a major operator of the mining pool, stopped signaling the support for the SegWit2x hard drive expected in mid-November.
π Earlier this month, F2Pool, another leading pool mining operator with 14% of the global bitcoin hash, stopped signaling the SegWit2x. According to the agreement of NYA SegWit2x, installed at the Consensus 2017 event, F2Pool signed this proposal along with other miners who represent 83.28% of the global hash of bitcoin.
π With the rejection of support for F2Pool and GBMiners, the support for a hashtail for the SegWit2x hardfire in November declined from 83.28% to 66%. Moreover, as stated by Luke Parker of BraveNewCoin, many individual miners began to migrate from the mining pools that support SegWit2x to the Slush Pool, which provides separate support for both SegWit2x and the original Bitcoin blockbuster.
π 'Moreover, more than 3,000 miners switched from other pools to join the Slush Pool last week. At the moment, it is the only major pool that allows individual miners to decide for themselves which plug they would like to support. As a result, the Slush Pool has risen to become the fifth largest pool with 8.5% of the total number of hash bitos - and only 6% of its miners are signaling support for Segwit2x, with 75% signaling support for the current chain, 'Parker wrote.
π The F2Pool Hashrate increases from 9 to 14%
π Within one week after refusing to support the SegWit2x hardware, the hash-power of F2Pool increased exponentially, from 9 to 14%.
π Prior to the release of F2Pool and GBMiners from the SegWit2x agreement, the bitcoin of the community in major regions and bitcoin markets such as Japan, South Korea and Hong Kong, publicly opposed SegWit2x's powerhouse. Yesterday, October 26, the Hong Kong bitcoin community resolutely rejected the SegWit2x hard drive, given the lack of support from the community and industry.
π 'SegWit2x does not include strong protection against replaying transactions and does not have a broad consensus across the entire community. By virtue of a combination of these two factors, we regard SegWit2x as a reckless job that will cause disruption and damage to the ecosystem. Therefore, we strongly oppose SegWit2x. This will remain in effect, even if the SegWit2x chain will have the most hashed or a higher price, 'says an open letter from the bitcoin of the Hong Kong community.
π At this stage of development, it is likely that the hard plug SegWit2x will be continued and performed on November 16. But, given the lack of support from the bitcoin community, the mining industry and the market, the probability of the blockchain SegWit2x evolution into the leading one is very small. Therefore, like Bitcoin Cash and Bitcoin Gold, a hard SegWit2x just leads to another bitcoin branch, while the original bitcoin or traditional chain remains as a majority chain, or bitcoin.
π€ source: http://gesellberg.com π€