Litecoin wallet Coinotron

Litecoin Miners Encouraged to Leave Coinotron Pool

Regardless of the below shows the pool’s present hashrate at 86GH/s. Litecoin miners are being encouraged to stop mining at the Coinotron pool regarding the increase in its hash rate, which has been aiming towards 51% of the whole network.

Even though, Coinotron has encouraged users to leave, its request has not gone down well with the community. Users have been blaming the pool for its failure regarding the issue on the Coinotron bitcointalk thread.

Litecoin mining pool bestcoinexchange Coinotron maintain to claim that they are working to fix the problem, but some community members state that they think it is simply not enough and ask for other serious measures to be applied.

Nevertheless, the situation has improved a lot over the last few hours – Coinotron claims its hash rate has gone down from 115 MH/s to 86 MH/s, however, it is still litecoin’s biggest mining pool by far.

Back in January the bitcoin network confronted a similar situation, at that time the Ghash.io mining pool started closing to the 51% point. The pool then took action to lower its hash rate and published a number of statements over the subject.

Source: bestcoinexchange.com June 3, 2014 – 05:27