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Bitcoin Cash Miner Revises Mining Tax, Community Still Skeptical

On Feb. 1, 2020, Jiang Zhuoer of BTC.TOP, the operator of a powerful mining pool in the Bitcoin Cash ecosystem, revised his stance on the controversial miners’ donation. He had earlier said that miners would be orphaned from the blockchain if they did not donate 12.5% of their block rewards.


These rewards would go toward building infrastructure for Bitcoin Cash.


“A Cultural Misunderstanding”


Since his initial announcement, Zhuoer has updated and revised portions of his stance on the controversial miners’ donation.


This is primarily due to what he has described as “a cultural misunderstanding.” Despite claims that Zhuoer was not interested in discussing his proposal, the mining operator explained that aspects of the plan are uncertain.


BTC.TOP, Zhuoer’s mining pool, is responsible for most of the network’s hashrate. He has admitted to owning 3,500 PetaHash, and “can also influence almost 10,000P hashpower.” Read More...

Bitcoin Cash Miner Revises Mining Tax

#BCH

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