The Antiguan-based mining division boasts 22.4% of Bitcoin Cash Hash power on a 7-day basis, according to recent data. The company surpassed Via.BTC and BTC.com, which have 17.4% and 9.1% respectively. Training behind these three companies are BTC.top, Rawpool, Antpool, and Bitcoin.com, which have 8.5%, 7.5% and 5.7% respectively.
Sine it began BCH mining in January, 2018, CoinGeek claimed the top spot when it comes to Bitcoin Cash hash power in early July. Since then, it hasn’t shown signs of slowing down as it continues to grow among other BCH miners.
The Antigua-based Mining division says that it has plans to turn another 20,000 miners this month, a move that’s expected to see it further cement its top stop among all mining pools.
Calvin Ayre, CoinGeek’s founder and Antiguan entrepreneur, showed his excitement about Bitcoin at the CoinGeek Bitcoin Rebirth party held in London recently, adding that it the cryptocurrency bring more financial freedom to the world.
“Bitcoin will fulfill its destiny to bring more economic freedom to the disadvantaged of the world. Bitcoin will bring banking to the unbanked and allow new business models to improve the quality of life for everyone,” Calvin Ayre said.
Bitcoin Cash is the only implementation in the cryptocurrency world that strictly follows the original whitepaper of Satoshi Nakamoto for peer-to-peer electronic cash. It’s the only public blockchain currently that maintains the initial vision of Bitcoin to enable users enjoy fast and frictionless electronic cash.