Foundry USA, controlling 33% of global Bitcoin hashrate, launches weighted vote on BIP-110 support
Foundry USA, a major Bitcoin mining pool, is asking its clients to vote on whether to support a Bitcoin protocol change called BIP-110, which could affect mining rewards or network rules.
Details
Foundry USA, the Bitcoin mining pool controlling approximately 33% of the global hashrate, has initiated a hashpower-weighted vote asking its clients whether the pool should support BIP-110. The vote, announced via Bitcoin News on X, seeks to gauge miner sentiment on the proposed protocol change. BIP-110 could potentially alter mining rewards or network rules, making this decision significant for Bitcoin's future. The outcome of the vote may influence Foundry USA's stance and, given its substantial hashrate, could impact the broader mining community and network dynamics. Traders should monitor developments as any shift in mining policy might affect Bitcoin's price volatility and market sentiment.
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