Binance Pool has become the largest independent mining pool for Bitcoin SV, accounting for over 26% of the blocks produced

According to BlockBeats, one year after Bitcoin SV was removed from the Binance trading platform in April 2019, the number of BitcoinSV blocks mined by Binance’s mining pool has now exceeded that of other mining pools, making Binance Pool the largest independent mining pool for Bitcoin SV.

According to data from crypto statistics and service platform Coin Dance, as of June 16, Binance Pool is the largest independent mining pool for Bitcoin SV, accounting for 26.39% of the total block production of Bitcoin SV. Huobi Pool ranks second with a block production share of 13.19%.

Regarding this situation, Twitter user AzhellTom claimed to have contacted CZ, who explained that “others [are] using their pool to mine BitcoinSV.” However, this still means that Binance is receiving approximately 2.5% in pool fees from BSV mining activity.

Original link: https://cointelegraph.com/news/binance-pool-is-now-the-largest-bitcoin-sv-miner