Withdraws Support to Initiative to Donate Part of BHC Block Rewards to Devs
Main page News, Mining, Bitcoin Cash

Roger Ver-owned popular mining pool has just announced it has decided not to support an initiative to donate 12.5% of the Bitcoin Cash mining block rewards to a development fund.

According to an official blog post on, the platform "will not go through with supporting any plan unless there is more agreement in the ecosystem such that the risk of a chain split is negligible. will not risk a chain split or a change to the underlying economics. In order to do this, any proposal will need to have as many people of economic weight on-board as possible, including businesses, exchanges, miners, and Bitcoin Cash implementations."

The proposal was presented last week by BTC.TOP CEO Jiang Zhuoer, who said donating 12.5% of the rewards given to miners for mining a BCH block would help support the development of the currency's ecosystem.

Soon afterwards, popular mining pools, Antpool, and ViaBTC, which account for about 32% of the network's hash rate, gave their support to the proposal.

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