Binance Is The Leading Miner of Bitcoin SV (BSV) Despite Delisting It in 2019

cryptopotato.com 2020-06-17 07:56
Reading time: ~2 m

Just recently, the world’s leading cryptocurrency exchange, Binance, ventured into mining, launching its Binance Pool. Now, data has it that it’s become the leading miner of Bitcoin SV. Interestingly enough, the exchange delisted BSV back in 2019, following the massive controversy surrounding the popular BSV proponent – Craig Wright.

Binance Leads in Bitcoin SV Mining

As CryptoPotato recently reported, Binance launched the Binance Pool and has officially ventured into the world of cryptocurrency mining.

Data from the popular monitoring resource Coin.Dance reveals that Binance Pool has become the leading miner of Bitcoin SV – the coin widely supported by self-proclaimed Satoshi Nakamoto, Craig Wright.

Overview of Bitcoin SV Miners Distribution. Source: Coin.Dance

As seen in the chart above, Binance leads the way with about 26%, followed by an aggregate of unknown pools, Huobi, ViaBTC, SVPool, and so forth.

Just three years ago, on this day, Binance published its first whitepaper draft that included BNB and, in the time since, has managed to become one, if not the leading cryptocurrency company in the field.

Binance Delisted BSV

Last year, Binance delisted Bitcoin SV. According to their statement, when the exchange delists a cryptocurrency, it takes the following factors into consideration:

  • Contribution to a healthy and sustainable crypto ecosystem.
  • Evidence of unethical/fraudulent conduct.

The decision was taken following the actions of Bitcoin SV’s proponent – Craig Wright, who’s also proclaimed himself to be Satoshi Nakamoto – the creator of Bitcoin. Back then, Changpeng Zhao, the CEO of Binance, said that if the feud between Wright and the cryptocurrency community goes on, he will move to delist Bitcoin SV.

This happened soon after Wright threatened to sue everyone who says that he’s not Satoshi.

Wright is involved in an ongoing legal battle with the Kleiman estate. Not only hasn’t he produced any real evidence that he is who he says, but he’s managed to compromise himself on plenty of occasions.

As CryptoPotato reported most recently, Wright testified in court that he had used an iPhone as early as 2006 when the first iPhone wasn’t released until June 2007.

Enjoy reading? Please share:
Facebook Twitter LinkedIn Telegram
Read more on: Binance Bitcoin SV Changpeng Zhao (CZ Binance) Craig Wright