Hi all, been a lurker for quite some time and have
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Posted On: 12/27/2017 6:30:15 PM
Hi all, been a lurker for quite some time and have a decent position in the company. I wanted to point out something that I notice in the November 16, 2017 PR.
If you read the first paragraph carefully, SANP was first going to set up a computing system and management software realted to bitcoin. The actual language reads as follows:
The first phase is the development and implementation of Canoe Pool America’s Pool management system. Which is currently moving ahead as planned. This consists of the development of a Bitcoin BTC mining pool management software server for mining hardware systems owned and operated by Canoe Pool America and independent miners to be managed by Canoe Pool America. This mining pool management software is for the tracking and payout among other management controls of mined Bitcoin BTC blockchains.
Therefore, the first phase of the partnership is Bitcoin related.
The second phase is related to Bitcoin Cash.
The second phase will be the development of Bitcoin Cash BTH mining pool management server for the mining of Bitcoin Cash BTH by Canoe Pool America; the ETA is middle to end of Q1 2018. Bitcoin Cash is a new hard fork and this fork has a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA), making mining much faster to achieve rewards.
Based on the latest tweets, this Bitcoin Cash mining pool is almost done and an update is due within 2 weeks. It is safe to say that the company is ahead of schedule. We should be getting news in the next two weeks.
If you read the first paragraph carefully, SANP was first going to set up a computing system and management software realted to bitcoin. The actual language reads as follows:
The first phase is the development and implementation of Canoe Pool America’s Pool management system. Which is currently moving ahead as planned. This consists of the development of a Bitcoin BTC mining pool management software server for mining hardware systems owned and operated by Canoe Pool America and independent miners to be managed by Canoe Pool America. This mining pool management software is for the tracking and payout among other management controls of mined Bitcoin BTC blockchains.
Therefore, the first phase of the partnership is Bitcoin related.
The second phase is related to Bitcoin Cash.
The second phase will be the development of Bitcoin Cash BTH mining pool management server for the mining of Bitcoin Cash BTH by Canoe Pool America; the ETA is middle to end of Q1 2018. Bitcoin Cash is a new hard fork and this fork has a change to the decentralized currency’s consensus rules and aims to upgrade the network’s Difficulty Adjustment Algorithm (DAA), making mining much faster to achieve rewards.
Based on the latest tweets, this Bitcoin Cash mining pool is almost done and an update is due within 2 weeks. It is safe to say that the company is ahead of schedule. We should be getting news in the next two weeks.
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