Bitcoin Miners Are Signaling Support for the New York Agreement Heres What that Means

As of today, over 80 percent of miners by hash power are including the letters NYA in the blocks they mine. This follows the publication of letters translation in which a group of Chinese Bitcoin companies notably including most mining pool operators announced that they would signal support for the New York Agreement.Heres what this means in the context of Bitcoin Cores scaling roadmap, the upcoming BIP148 user activated soft fork UASF on August 1, 2017, and Bitcoins broader scaling debate.

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