1 August 2026
Binance Pool Becomes The Biggest Bitcoin SV Miner
Bitcoin SV mining pool was launched back in April and was responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined.
Binance removed Bitcoin SV from its platform in April 2019 but now its mining pool generates more blocks than anyone else.
As per the Coin Dance, the platform for crypto statistics and service, Binance Pool has become the largest miner of Bitcoin Satoshi's Vision (BSV) blocks as of June 16. Binance Pool stands first for mined blocks with 26.39% whereas Huobi's mining arm ranks second with 13.19%
In April 2019, Binance had delisted and stopped trading of all trading pairs for BSV. The leading crypto exchange stated that they regularly check digital assets listed on its platform meet a “high level of standard” and the decision to remove BSV “best protects all of [its] users”.
However, this delisting resulted in Binance CEO Changpeng Zhao expressing outrage at Satoshi claimant Craig Wright for issuing a $5000 bounty for doxxing Hodlnaut.
Some of the crypto twitter members believe that mining BSV maybe listed again on the exchange.
Another Twitter user, AzhellTom, claimed to have spoken directly to CZ — who explained that “other people [are] using their pool to mine BSV.”
However, this still means Binance is profiting from pool fees around 2.5% from BSV mining.
AzhellTom, a twitter user stated that he had a talk with CZ who said “other people [are] using their pool to mine BSV.” That means that Binance is still gaining profits from pool fees 2.5% from BSV mining.
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