Just after a year delisting Bitcoin SV [BSV] earlier in April 2019, Binance exchange now produces more blocks than anyone else.
In line with the cryptocurrency statistics and services platform Coin Dance, Binance Pool is now the major miner of Bitcoin Satoshi’s Vision [BSV] blocks as of 16th June. Binance Pool is liable for 26.39% of all BSV blocks mined, with Huobi’s mining arm ranking at the 2nd position with 13.19%.
Binance Explanation For BSV In 2019
Binance delisted & halted trading of all trading pairs for BSV earlier in April 2019. While explaining the reason, Binance added that it regularly ensured digital assets listed on its platform meet a “high level of standard” and therefore the decision to remove BSV “was best as a part of protecting all of its users”.
However the delisting came within the wake of Binance CEO Changpeng Zhao expressing outrage at Satoshi claimant Craig Wright for issuing a $5k bounty for doxxing Hodlnaut – the Twitter user behind the Lightning Torch initiative.
In response, Zhao added: “Craig Wright isn’t Satoshi. Anymore of this sh!t, we delist!”
A few days later, Binance revealed that will not be offering trading for BSV.
Is Binance Rethinking To List BSV Again
Some members of Crypto Twitter have speculated that mining BSV could also be a prelude to relisting the token on the exchange:
Another Twitter user, AzhellTom, claimed to have some words with CZ – who explained that “other people are using their pool to mine BSV.” However, this still means Binance is taking advantage of pool fees which is around 2.5% from the total BSV mining.
At the reporting time, the price of BSV is $175.78 USD, which is 0.63% up for the day.