Trade Satoshi and Bitstamp to launch BCH

Trade Satoshi exchange has added Bitcoin Cash markets and Bitstamp exchange will launch Bitcoin Cash trading
14 November 2017   1706

Bitcoin Cash had several quite impressive days full of price fluctuations following the suspension of BTC hardfork SegWit2x, rising up unexpectedly, showing crazy gains and losts and even moving to the 2nd place in Coinmarketcap ranking for some time. It seems like BCH currency is gaining more and more popularity as more world-wide known exchanges are adding it to the markets. 

On November 13, Bitcoin Cash made an announcement in the official twitter account that Bitstamp, Europe’s only regulated crypto exchange, and one of the oldest as well as biggest bitcoin exchanges, is going to offer Bitcoin Cash trading to the customers within weeks, namely in late November or early December. 

Two Mining Pools to Gain 50% of the BCH Hashrate

Media reports that Coingeek and BMG Pool are affilated with odious Australian entrepreneur Craig Wright
18 September 2018   175

The centralization of Bitcoin Cash mining has reached a new level after only two pools - Coingeek and BMG Pool - have established control over more than 50% of the total network hash. This is reported by Trustnodes.

Bitcoin Cash Mining Pools
Bitcoin Cash Mining Pools

Earlier today, there were also reports that at some points the aggregate capacity of both pools reached 58%.

While BMG Pool directly belongs to the odious Australian entrepreneur Craig Wright, the no less scandalous Calvin Ayre, who maintains close ties with Wright, is considered the nominal owner of Coingeek.

The current situation, the media believes, does not exclude the possibility of collusion of the 51% attack on the network. In particular, in this case there is a probability of double spend of coins, which, accordingly, will force the exchange to increase the number of required transaction confirmations.

At the same time, the current situation is likely to be a demonstration of power by Craig Wright on the eve of the November upgrade of the network. As a result of disagreements between different groups of developers, it is still possible that Bitcoin Cash, which at one time split from bitcoin, will itself be split into two separate chains.

Note that the Bitcoin Cash hashrate on the whole continues to remain at a fairly low level, accounting for less than 8% of the bitcoin.