BIP-110 Backers Plot Minority Chain’s PoW Reset to ‘Fire’ Bitcoin Miners

Backers of BIP-110 are debating changing the proof-of-work algorithm on their stalled minority chain after it mined only two blocks. The chain split from Bitcoin at block 961632 on Aug. 8. Bitcoin's enormous difficulty has slowed activity significantly, prompting discussions about a PoW reset to restart mining.