Binance Becomes The Leading Bitcoin SV Miner: Report

Binance becomes the leading Bitcoin SV miner according to the recent reports, right after the biggest exchange ventured into the mining industry and launched its Binance Pool. The exchange however delisted BSV back in 2019 after the huge controversies surrounding the popular BSV proponent- Craig Wright. In today’s Binance news, we find out more.

Binance launched the Binance Pool and officially entered into the world of cryptocurrency mining. As per the recent reports, Binance becomes the biggest Bitcoin SV miner which is a coin that is largely supported by the self-proclaimed Satoshi Nakamoto or Craig Wright. As seen in the charts, Binance leads the way with about 26% followed by the aggregate of unknown pools such as SV Pool, ViaBTC, Huobi, and more. Just a few years ago the exchange published its first whitepaper draft that included BNB and since that time, it has managed to become one of the leading cryptocurrency companies in the field.

Last year Binance delisted Bitcoin SV and according to their statement, once an exchange delists a cryptocurrency, it takes a few factors into consideration, such as the evidence of unethical conduct of fraud, and also a contribution to a healthy and sustainable crypto ecosystem. The decision was to take right after the actions of Craig Wright who is the self-proclaimed Satoshi Nakamoto and the creator of Bitcoin. Back then, Changpeng Zhao, the Binance CEO said that if the feud between Wright and the entire crypto community continues, he will delist the altcoin.

This happened soon after Wright threatened to sue everyone who says that he is not Satoshi. Wright is involved in an ongoing legal battle with the Kleiman estate as he didn’t produce any real evidence that he is who he says he is. He did manage however to compromise himself on multiple occasions. Wright even testified in court that he used an iPhone in 2006 when the first one wasn’t released until June 2007.

As recently reported, The Blockchain game Kronoverse will move to Bitcoin SV as the creators of the game said they couldn’t wait for ETH 2.0. According to a recent official blog post, the creators said that they can no longer wait for the ETH 2.0 launch to solve the pressing scaling problems. The Kronoverse team aims to bring a game that will be interconnected metaverse of multiple disparate blockchain games.