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Coingeek says over 200 Bitcoin Cash [BCH] miners pre-registered ahead of SVPool launch

Anvita M V

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Bitcoin Cash [BCH] proponents Coingeek says over 200 BCH miners preregister ahead of SVPool launch
Source: Unsplash

On 19th September, Calvin Ayre, the Founder of Ayre Group and Calvin Ayre Foundation, announced on Twitter that over 200 Bitcoin Cash [BCH] miners have pre-registered themselves to join the SVPool, ahead of its launch this month.

CoinGeek explained on its official website that SVPool will represent the “original Satoshi Nakamoto vision” through the Bitcoin SV implementation of the BCH protocol. It stated that SVPool is a personal innovative of nChain’s Chief Scientist Dr. Craig Wright.

According to CoinGeek, the pre-registration for the SVPool marks a “sign of a growing appetite in the community” for the Bitcoin Satoshi Vision. Furthermore, they said that the SVPool will be managed by CoinGeek Mining. The blog stated:

“[SVPool] will help and remunerate miners—large or small—to ensure BCH remains a truly trustless and decentralized system, in accordance with the original Nakamoto white paper.”

Presenting his opinion on the same, Ayre said:

“as we expected, the appetite is there for #SatoshiVision and #MinersChoice.”

Over the past few weeks, Bitcoin Cash supporters have been debating about the upcoming hard fork scheduled for November 15th of this year. At present, the BCH community has understood that the altercation is between two groups, that are arguing on the features that will be on-boarded.

The Bitcoin ABC team is on one side of the debate while CoinGeek and Craig Wright’s NChain stand on the other side, with Bitcoin Satoshi Vision [SV].

The nChain development team has released an alpha version codebase and has started a Bitcoin SV mining pool, to allow people to directly hashrate to nChain. Recently, Coingeek and BMG pool managed to reach a height of 58% indicating that the two pools collectively control more than 5o% of the global Bitcoin Cash hash rate over the last week.



The primary reason why a chain-split was being considered in the community was due to nChain developers disagreeing with Bitcoin ABC on several terms. The biggest issue at hand is the Canonical Transaction Ordering [CTOR].

Earlier this month, a community-driven stress test was conducted by Bitcoin Cash’s team. The test consisted of an overall number of transactions equivalent to 2.1 million with a block size of 10MB for most of the transactions and above 21MB for the rest of them.





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Anvita Mysore Vadiraj is a full-time content writer at AMBCrypto. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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