One mining pool controls a dangerously dominant share of BitcoinSV’s hash rate

2019-4-26 17:56

The integrity of Bitcoin Satoshi Vision (BitcoinSV) remains in question, as one group of cryptocurrency miners approaches control of the network‘s hash rate. Calvin Ayre’s CoinGeek has become BitcoinSV’s primary mining pool.

Right now, data shows it controls 46 percent of the total computing power on the network.  CoinGeek has also mined 52 percent of BitcoinSV blocks over the past day. If CoinGeek’s hash rate does end up exceeding 51 percent by itself, it will mark the third time in six months. The impending struggle comes just one week after an odd series of “block reorganizations” rocked the BitcoinSV network to a standstill that…

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BCash Hash War Looms With Community at Impasse Ahead Of Today’s Scheduled Upgrade

With an increasingly divided Bitcoin Cash (BCH) community at what appears to be an impasse ahead of today’s planned upgrade, the next few days will certainly be interesting for observers. Two distinct factions appear to have coalesced around the soon-to-be incompatible BitcoinABC and BitcoinSV clients respectively, both of which have planned upgrades that will make […] The post BCash Hash War Looms With Community at Impasse Ahead Of Today’s Scheduled Upgrade appeared first on Coinjournal.

2018-11-15 14:05