The Mining Power Shift
Recent data reveals a dramatic redistribution of mining power in the Bitcoin Cash (BCH) network ahead of its November 15 hard fork:
- Bitcoin SV (BSV) currently controls 76.39% of BCH's total hashpower
- CoinGeek's mining pool (supporting BSV) saw its share surge from 30.6% to 41% in 48 hours
Bitcoin ABC supporters have experienced significant declines:
- Roger Ver's Bitcoin.com: 8.33% → 6.25%
- Bitmain-controlled pools (Antpool & BTC.com): 11.11% → 2.78%
Undecided Players Hold the Key
Several major mining pools remain uncommitted, potentially determining the fork's outcome:
| Mining Pool | Hashpower Share | Status |
|---|---|---|
| ViaBTC | 2.08% | Undeclared |
| Northern Bitcoin | Unknown | Switching to BCH |
| okminer | 3.47% (↓50%) | Unclear |
👉 Why miner alignment matters in cryptocurrency forks
Market Reactions Tell a Different Story
Despite BSV's mining dominance, traders show stronger confidence in ABC:
Price Performance (24h)
- BCHABC: $391 (stable)
- BCHSV: $136 (+22%)
Trading Volume Comparison
- BCHABC: $876K daily volume
- BCHSV: **$969K** daily volume (peaked at $1.2M)
The Stakes of the Hash War
This conflict represents more than technical differences—it's a battle for:
- Network stability (potential chain collapse risk)
- Economic incentives (miner revenue streams)
- Ideological vision (Satoshi's original protocol vs. adaptive development)
👉 Understanding cryptocurrency forks: Technical vs. contentions
FAQ: Bitcoin Cash Fork Essentials
Q: What's the difference between Bitcoin SV and Bitcoin ABC?
A: SV aims to restore Satoshi's original protocol, while ABC implements gradual changes including new opcodes.
Q: Which fork will exchanges support?
A: Most major exchanges plan to list both coins initially, letting market forces determine long-term support.
Q: How does miner alignment affect ordinary users?
A: Miner support determines chain security—networks with <51% hashpower become vulnerable to reorganization attacks.
Q: When will the fork outcome become clear?
A: Expect definitive results within 72 hours post-fork as hashpower distribution stabilizes.
Q: Should I move my BCH before the fork?
A: Yes—keeping coins on exchanges or in private wallets before the snapshot ensures eligibility for both new assets.