Bitcoin.com mining pool accounts for 1% of the total network computing power and supports Bitcoin Unlimited

On September 21, the new mining pool Bitcoin.com came to light and is currently in the testing phase. In two weeks, the new mining pool has reached a milestone, accounting for nearly 1% of the computing power of the Bitcoin mining network.

It is reported that the founder of the mining pool is Roger Ver, the boss of Bitcoin.com. Unlike other mining pools, Bitcoin.com chose Bitcoin Unlimited, an alternative client protocol to Bitcoin Core.

The Bitcoin.com mining pool chose to run Bitcoin Unlimited because it does not limit the network's throughput and allows miners to set their own block size. Essentially, Bitcoin Unlimited lets the market determine the block size of Bitcoin.

The message posted by Ver on the Bitcoin forum indicated that the mining pool recently mined the tenth block and accounted for nearly 1% of the network's computing power.

As of press time, the Bitcoin.com mining pool accounts for approximately 0.6% of the global network's computing power.

Will the Bitcoin.com mining pool prevent Segwit activation?

One of the more controversial questions about the new mining pool is whether it will support Segregated Witness (SegWit).

Segregated verification requires a soft fork of Bitcoin that includes various features. For segregated verification, its main purpose is to solve the transaction malleability problem, but it also has a side benefit of shifting Bitcoin's transaction signatures to make room for more transactions.

This additional available space allows for more transaction throughput, effectively allowing larger data sets to be sent over the Bitcoin network. Unfortunately, this change is only a one-time fix, and it does not scale Bitcoin to higher levels.

When asked if the Bitcoin.com mining pool would try to prevent Segwit from activating, Ver said:

"We have not decided yet but will keep an open mind. I look forward to discussing it this weekend in Milan."

Comments from the founder of the Swedish Pirate Party

Rick Falkvinge, founder of the Swedish Pirate Party and a Bitcoin enthusiast, also weighed in on the new milestone, saying: “If this prevents Segwit from being activated, we won’t have to deal with this legacy technical debt.”

It is reported that in addition to Bitcoin.com, there are other mining pools running Bitcoin Unlimited software. Chinese mining pool ViaBTC recently said that they have also shown interest in Bitcoin Unlimited. Although the mining pool is relatively new, it has a computing power of nearly 11% of the entire network.