Binance mining pool became the largest in the Bitcoin SV network and the sixth in the Bitcoin network
The mining pool of Binance has become the largest mining block in the Bitcoin SV system, according to CoinDance.
According to service statistics, over the past 24 hours, Binance has mined 26.39% of Bitcoin SV blocks, surpassing other pools. It is followed by unclassified pools with 21.53% and the Huobi exchange pool with 13.19%.
It is noteworthy that Bitcoin SV is still not available for trading on Binance. The exchange decided to carry out it's delisting in April 2019 against the backdrop of Craig Wright's threats to community members, calling the discrepancy of the cryptocurrency its own standards as an official reason.
Coin Dance data also indicates that of the three cryptocurrencies supported by the Binance pool - Bitcoin, Bitcoin Cash, and Bitcoin SV - the latter is currently the most profitable to mine.
At the same time, in the Bitcoin network, the Binance mining pool climbed to sixth place with a 6.43 EH / s hash rate or 5.95% of the total computing power. At the beginning of the month, he was the eighth.
On June 5, Binance announced the launch of the Smart Pool service, which allows you to automatically switch the hash rate between three cryptocurrencies using the SHA-256 algorithm, depending on the profitability of their mining.
In addition, today the exchange announced the launch of new Zilliqa cryptocurrency futures contracts paired with USDT and the ability to leverage up to 50x. Bidding will start on June 18 at 12:00 Moscow time.
The mining pool of Binance has become the largest mining block in the Bitcoin SV system, according to CoinDance.
According to service statistics, over the past 24 hours, Binance has mined 26.39% of Bitcoin SV blocks, surpassing other pools. It is followed by unclassified pools with 21.53% and the Huobi exchange pool with 13.19%.
It is noteworthy that Bitcoin SV is still not available for trading on Binance. The exchange decided to carry out it's delisting in April 2019 against the backdrop of Craig Wright's threats to community members, calling the discrepancy of the cryptocurrency its own standards as an official reason.
Coin Dance data also indicates that of the three cryptocurrencies supported by the Binance pool - Bitcoin, Bitcoin Cash, and Bitcoin SV - the latter is currently the most profitable to mine.
At the same time, in the Bitcoin network, the Binance mining pool climbed to sixth place with a 6.43 EH / s hash rate or 5.95% of the total computing power. At the beginning of the month, he was the eighth.
On June 5, Binance announced the launch of the Smart Pool service, which allows you to automatically switch the hash rate between three cryptocurrencies using the SHA-256 algorithm, depending on the profitability of their mining.
In addition, today the exchange announced the launch of new Zilliqa cryptocurrency futures contracts paired with USDT and the ability to leverage up to 50x. Bidding will start on June 18 at 12:00 Moscow time.