Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

Monday 26 October 2020, 9:57 AM AEST - 1 month ago

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

The Bitcoin Cash (BCH) upgrade is 21 days away and theres a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software.

Bitcoin Cash proponents are patiently waiting for the next BCH upgrade thats roughly three weeks away. News.Bitcoin.com reported on September 1, that due to the contentious Infrastructure Funding Proposal added to Bitcoin ABCs codebase, the network may split.

23 days later our newsdesk explained around 61% of the blocks mined were BCHN. Fast forward to Sunday, October 25, as the percentage for BCHN has increased.

Currently, according to statistics stemming from the web portal Coin Dance, 73% or 731 blocks out of 1,000 were mined using BCHN. A great majority of prominent miners are signaling BCHN in their coinbase message parameters after finding a BCH block.

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork FuturesStatistics from the web portal Coin Dance on Sunday, October 25, 2020.

The Bitcoin Cash blocks historical summary on the Coin Dance web portal shows 24-hour stats at 73.6% at the time of publication.

Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork FuturesStatistics from the web portal Coin Dance on Sunday, October 25, 2020.

Since our newsdesks end of September hash watch report, theres been a c ...

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