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


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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