Markets • September 17, 2018, 3:34PM EDT
UPDATED: September 17, 2018, 3:36PM EDT

Two mining pools control close to 50% of the Bitcoin Cash hashrate

Read the non-AMP story on Theblock.co
Advertisement

According to data provider coin.dance, over the past week, Coingeek and BMG Pool controlled 45% of the Bitcoin Cash hashrate. This number has grown to ~49% as of today. Coingeek and BMG Pool are owned by Calvin Ayre and Craig Wright, respectively. There have been internal debates in the Bitcoin Cash community over potential upgrades that could lead to a hard fork of the Bitcoin Cash blockchain, with Craig Wright pushing for his Bitcoin SV implementation. A majority control of the hashrate distribution could determine the winners of the debate. (Source: Trust Nodes)


© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.