Just recently, the world’s leading cryptocurrency exchange, Binance, ventured into mining and launched its Binance pool. According to data, it is now Bitcoin SV’s leading miner. Interestingly, the BSV stock exchange already delisted in 2019 after the popular BSV advocate Craig Wright was massively controversial.
Binance leads in Bitcoin SV mining
As CryptoPotato recently reported, Binance launched the Binance Pool and officially ventured into the world of cryptocurrency mining.
Data from popular surveillance resource Coin.Dance shows that Binance Pool has become the leading miner of Bitcoin SV – the coin largely endorsed by the self-proclaimed Satoshi Nakamoto, Craig Wright.
Overview of the distribution of the Bitcoin SV miners. Source: Coin.Dance
As can be seen in the graph above, Binance comes out on top at around 26%, followed by a cluster of unknown pools, Huobi, ViaBTC, SVPool, etc.
Just three years ago, on that day, Binance published its first draft whitepaper containing BNB and has since managed to become one, if not the leading cryptocurrency company in the field.
Binance Delisted BSV
Last year Binance delisted Bitcoin SV. According to the statement, the exchange takes the following factors into account when deleting a cryptocurrency:
- Contribution to a healthy and sustainable crypto ecosystem.
- Evidence of unethical / fraudulent behavior.
The decision was made after the actions of the advocate of Bitcoin SV – Craig Wright, who also proclaimed himself Satoshi Nakamoto – the creator of Bitcoin. At the time, Binance CEO Changpeng Zhao said he will delist Bitcoin SV if the feud between Wright and the cryptocurrency community continues.
This came shortly after Wright threatened to sue anyone who says he is not a satoshi.
Wright is embroiled in an ongoing legal battle with the Kleiman Estate. Not only has he not presented any real evidence that he is who he says he is, but he has managed to compromise himself on many occasions.
As CryptoPotato last reported, Wright testified in court that he had used an iPhone back in 2006 when the first iPhone was only released in June 2007.
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