BitMEX: from the moment of the November hardfork, Bitcoin SV miners' losses amounted to $ 2.2 million

The losses of miners involved in the extraction of Bitcoin SV (BSV) cryptocurrency, totaled $ 2.2 million since November of last year. Such data are provided by the analytical department of the BitMEX cryptocurrency exchange.

Based on our estimates and current coin prices, since the November 2018 split, the Bitcoin Cash SV miners have been accumulated by 12%. Accounting costs only https://t.co/U9hbK4peip pic.twitter.com/LE5elvKDge

– BitMEX Research (@BitMEXResearch) April 12, 2019

Cryptocurrencies Bitcoin SV appeared as a result of the hard forks of the Bitcoin Cash network and positioned itself as “real Bitcoin ”, reflecting Satoshi Nakamoto’s original vision. However, despite the ambition of such statements, from the point of view of mining, the coin is not exactly attractive.

The overall profitability of BSV production, according to BitMEX, to date has decreased by 12%. This data is based on the number of coins injected, the current market price of cryptocurrency and the cost of electricity.

At the same time, as BitMEX Research emphasizes, other related expenses were not taken into account.

As of Saturday, April 13, the weighted average rate of BSV, according to CoinMarketCap, is about $ 70. In the overall capitalization rating ($ 1.24 billion), the cryptocurrency is in 12th place.

Earlier this week, the creator and chief ideologist of Bitcoin SV, Craig Wright, became involved in a scandal involving his intention to sue the user Hodlonaut, who in his tweets repeatedly called him a “fraudster” and a “pathetic scammer”.

Shortly thereafter, Binance CEO Changpeng Zhao criticized the self-proclaimed Satoshi Nakamoto, promising to remove BSV from the listing listing.

Moreover, as Anthony Pompiano, CEO of Morgan Creek Digital, later stated, all other exchanges should follow this example in solidarity with real Bitcoin. He urges trading platforms to take appropriate steps before May 1.

Bitcoin that ever mattered.

This community is the responsibility of the people. It is easy, but because it is right. #DelistBSV

– Pomp ? (@APompliano) April 12, 2019

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