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An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable

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A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% of the Bitcoinsv Chain During the Past 7 Days, Empty BSV Blocks Renders Chain Useless at Times Bitcoinsv (BSV) has been dealing with an unknown miner trolling the project by mining empty blocks, and capturing a great majority of hashpower. Statistics from Coin Dance indicate that the miner captured 80% of the hashrate between October 17 and 18, 2022. Interestingly, the unknown miner took over the blockchain’s hashrate during the defamation trial between Craig Wright, the man who claims to be Satoshi Nakamoto, and the pseudonymous Bitcoiner Hodlonaut. Wright lost the lawsuit and Hodlonaut was acquitted of all claims related to the