CoinGeek Owns Top Spot For Bitcoin Cash (BCH) Mining Hashpower
CoinGeek Becomes The World’s Largest BCH Miner Surpassing BTC.top
Recent data on Coin.Dance showed CoinGeek surpassed BTC.top as the largest BCH mining pool in terms of blocks mine. CoinGeek now has 15.97% of hash power as against BTC.top’s 14.58%. ViaBTC comes in third with 10.42%, followed by Antpool .
Calvin Ayre, the founder of CoinGeek and an early advocate of BCH said:
“CoinGeek sees it as critical to the success of Bitcoin as a currency for us to get more hash so that nobody can hijack Bitcoin again and remove its special Bitcoin powers like was done to the Segwit BTC branch of the Bitcoin Chain.
On-chain scaling is critical to the security of a blockchain so moving value away from miners to side chains is a technical dead end. Because of Segwit BTC chain doing this we now consider them ‘Dead man walking,'”
CoinGeek will mine only Bitcoin BCH, the only true Bitcoin, and the world’s only functional cryptocurrency. He added:
“We intend to continue to invest in growing our true Bitcoin hash and this means only Bitcoin BCH, the world’s only everything token and the world’s best cryptocurrency by every metric.”
Notably, in May, Bitcoin BCH underwent a network upgrade, which increased the block size to 32MB and restored certain OP_Codes for advanced functionality. In the light of recent developments on BCH blockchain infrastructure, the future of Bitcoin Cash investors looks bright.
About bComm Association:
bComm association is an industry group that intends to be the focal point for miners, merchants, exchanges, developers and members of the BCH community. Their founding board of directors come from some of the largest and most influential companies in the BCH community, ABC, Bitcoin.com, CoinGeek, Lokad and nChain.
The bComm Association is free to join and open to all crypto enthusiasts who want to learn and explore Bitcoin Cash BCH with the hopes of bring people together and facilitate communication.