Bitcoin SV Mining Pools Lose the Battle Against “Unknown” Miners

News No Comments on Bitcoin SV Mining Pools Lose the Battle Against “Unknown” Miners

Any discussions pertaining to Bitcoin SV will often turn negative fairly quickly. The recent mining situation affecting this forked version of Bitcoin will only contribute to the ongoing concerns.

There is always some concern when looking at different cryptocurrency ecosystems.

Who is Mining Bitcoin SV These Days?

Most people still believe how most of the coins that aren’t Bitcoin will ultimately fail. 

Especially the forked versions of the world’s leading cryptocurrency face plenty of scrutiny. 

Bitcoin SV, for example, is currently getting some backlash over the mining aspect.

Most of the network hashrate has been taken over by an “unknown” entity.

While this isn’t necessarily a cause for concern yet, it does raise many questions. 

There are many different regular mining pools, yet they seemingly don’t captivate a big audience.

Moreover, this “unknown” entity has not tried to “shill” Bitcoin SV in any way on social media.

It is not the first time the Bitcoin SV mining situation changes significantly.

Unknown miners are present on any network, but this forked version of Bitcoin tends to see a lot of activity.

One also has to keep in mind that a 51% attack is likely to occur.

If that were to happen, it will be interesting to see how the Bitcoin SV team decides to handle that situation.

The post Bitcoin SV Mining Pools Lose the Battle Against “Unknown” Miners appeared first on CryptoMode.

Click to read full article

Author

Leave a comment

Search

Back to Top