Since its launch in April, Binance Pool is responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined.
A year subsequent to removing Bitcoin SV from its exchange in April 2019 and the mining pool worked by driving crypto trade Binance currently delivers a greater number of blocks than anyone.
As per crypto measurements and services platform Coin Dance, Binance Pool is the biggest miner of Bitcoin Satoshi’s Vision (BSV) blocks as of June 16.
Binance Pool is responsible for 26.39% of all BSV blocks mined, with Huobi’s mining arm positioning second with 13.19%.
Source: Coin Dance
BSV ‘didn’t satisfy standards’
Binance delisted and stopped trading of all trading pairs for BSV in April 2019. The crypto exchange clarified that it consistently guaranteed digital assets recorded on its foundation meet a “high level of standard” and the choice to remove BSV “best ensures all of [Binance] users”.
Anyway the delisting came in the wake of Binance CEO Changpeng Zhao communicating shock at Satoshi inquirer Craig Wright for giving a $5000 abundance for doxxing Hodlnaut — the Twitter user
A couple of days after, Binance made the announcement that it would not, at this point offer trading on BSV.
BSV to relist? Perhaps not
A few individuals from Crypto Twitter have speculated that mining BSV might be an introduction to relisting the token on the exchange.
Another Twitter user, AzhellTom, revealed to have spoken straightforwardly to CZ — who clarified that “others are utilizing their pool to mine BSV.”
However, this despite everything implies Binance is benefitting from pool charges around 2.5% from BSV mining.
The price of BSV is $175.69 at the time of writing, down 9.79% this week.