Bitcoinfork And Hashflare

Just got a mail from hashflare about the bitcoin fork preparation

Dear HashFlare users,

We would like to notify you of an upcoming global event affecting the Bitcoin network and HashFlare’s actions.

In the coming week, the Bitcoin network is expected to get hit by some amount of turbulence due to several possible chain-splits and a potential fork. In the event of a hard fork, we will continue supporting the main chain – the Bitcoin Core. Our goal is to support the most stable and reliable currency to keep the contracts running for you.

We recommend reading the following article in preparation – Potential network disruption

This also means that the selection of pools in Hashflare may be affected if any of the pools limit their support to the forked chain. In such case, HashFlare will redirect the hashrate to relevant pools automatically. We will notify everyone of any pool changes via the dashboard.

In these changes, Bitcoin will receive improvements to the network, such as Segwit (Segregated Witness Benefits). For a period, Bitcoin confirmation score will become less reliable as some nodes of the network will be running nodes incompatible with others.

As our top priority, we are dedicated to handling your funds and contracts responsibly, hence, to avoid risks associated with the events to come, HashFlare has decided to suspend all Bitcoin related operations temporarily, including:

– BTC withdrawals;
– BTC purchases;
– SHA-256 mining contracts.

Service suspension will begin at 09:00 UTC on July 31 and will last until the situation is resolved, most likely no later than August 4.

We will be actively monitoring the situation to keep you updated.

Join HashFlare Telegram group – HashFlare Official [ENG]

HashFlare Team

Enter Your Email To Get Latest Updates Instantly
You might also like

Leave A Reply

Your email address will not be published.