HomeCryptoMiningBitcoin Cash: a miner reaches almost 50% of hashrate

Bitcoin Cash: a miner reaches almost 50% of hashrate

Recently there has been an incredible increase in the hashrate held by an unknown miner who first reached a 37% hashrate of Bitcoin Cash (BCH) blocks, and subsequently reached 44% in the last 24 hours. Interestingly, all these blocks were signed with the name Satoshi Nakamoto, creator of Bitcoin.

Meanwhile, the BSV hashrate has dropped from 1.5 Petahash in December 2018 to nearly 600 Terahash today, while the Bitcoin Cash hashrate has increased from 1 Petahash in December to over 2.4 Petahash.

In addition, some suggest that the next upgrade, which will take place on May 15th and will involve the addition of the Schnorr signature, could somehow be related to this miner, although it is not excluded that the increase in hashrate also depends on the fact that Bitcoin Cash is more profitable, about 1.5%, compared to Bitcoin (BTC). In this case, therefore, it would be only a move purely aimed at profit.

For the moment it is difficult to give an exhaustive explanation to this increase in hashrate of Bitcoin Cash and one can only make speculative assumptions about it, not least because the signature of Satoshi Nakamoto in plain sight does not go unnoticed and could be intended as a move to draw attention.

 

Alfredo de Candia
Alfredo de Candia
Android developer da oltre 8 anni sul playstore di Google con una decina di app, Alfredo a 21 anni ha scalato il Monte Fuji seguendo il detto "Chi scala il monte Fuji una volta nella vita è un uomo saggio, chi lo scala due volte è un pazzo". Tra le sue app troviamo un dizionario di giapponese, un database di spam e virus, il più completo database sui compleanni di serie Anime e Manga e un database sulle shitcoin. Miner della domenica, Alfredo ha una forte passione per le crypto ed è un fan di EOS.
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