Hash Wars Part 2?
Bitcoin Cash Attack Imminent?
For the past week, an unknown miner going by the name Satoshi Nakamoto has been mining cryptocurrency again – and it’s not Bitcoin.
In fact, this ‘Satoshi’ is currently in control of close to 40% of the Bitcoin Cash (BCH) hashrate, as per data from Coin Dance. That percentage is up from this time last week, when the same miner had roughly 35% of the hashrate.
Some have speculated this is the beginning of the second chapter of the hashwars – a conflict that began last year during the Bitcoin Cash/Bitcoin SV hardfork. This theory suggests the ‘Satoshi Nakamoto’ currently mining BCH is in fact Bitcoin SV cheerleader and prominent ‘Faketoshi’, Craig S. Wright.
Bitcoin Cash (BCH) Mining Dominated by ‘Satoshi Nakamoto’
Around a week ago an unknown miner calling themselves Satoshi Nakamoto began hogging more than 35% of the BCH hashrate. By Monday morning their mining dominance on the Bitcoin Cash blockchain peaked as high as 44%. When a miner acquires 51% of a blockchain’s hashrate, they can launch double-spend attacks – essentially stealing Bitcoin Cash coins. Please Read The Full Article HERE
