Active Cryptocurrencies: 2116 | Active Exchanges: 234 | Total MarketCap $120,383,351,083.57 | BTC Dominance: 52.33% | ETH Dominance: 10.31%

Hash Wars: Bitcoin ABC, Bitcoin SV Still Fighting for Bitcoin Cash (BCH) Supremacy

There is still no clear indication of what Bitcoin Cash really is, with two leading nodes failing to achieve a clear advantage in hash rate over the other.

Four days have passed since the network’s hard fork and it is still not clear which the real Bitcoin Cash (BCH) is.

The blockchain was split into two by competing for full node implementations—Bitcoin ABC and Bitcoin SV—after a scheduled network maintenance on November 15. Since neither of them could gain a significant advantage over the other in terms of total hash rates, the two parties will continue waging the hash war for the right to bear the BCH ticker.

On November 18, Bitcoin ABC has the slight lead over Bitcoin SV. Shortly after the network fork, the former eclipsed the latter by as much as 5,000 Petahashes per second (PH/s).

However, as days went on, the hash rate on the Bitcoin ABC network dropped and remained close to Bitcoin SV’s.

At the moment, Bitcoin ABC’s network has 3,877 PH/s. Meanwhile, the Bitcoin SV network has 2,354 PH/s.

Major disagreements of leading Bitcoin Cash developers and figures regarding the future of the cryptocurrency have caused the acrimonious network split.

One side maintained that Bitcoin Cash should be reverted closer to the protocol proposed by Bitcoin’s father, the pseudonymous Satoshi Nakamoto. This position gave birth to Bitcoin SV—Satoshi’s Vision—led by blockchain developers nChain, self-proclaimed Nakamoto Craig Wright, and BCH mining pool CoinGeek, among others.

The opposing faction disagreed, believing that there are no problems in the path Bitcoin Cash was taking. Some of the biggest supporters of this belief were “Bitcoin Jesus” Roger Ver, Jihan Wu and his mining company Bitmain, and Bitcoin ABC—already Bitcoin Cash’s leading node pre-split.

Bitcoin Cash itself was born from disagreements. The crypto was forked from Bitcoin when developers wanted to increase the latter’s block size to address scalability issues.

| Related: 15 Things to Know About Bitcoin Cash’s (BCH) Hard Fork on November 15


Coin Choose is a dynamic crypto-journalist known for his sharp insights and lively writing style. With a background in investigative journalism and a knack for demystifying the complex world of cryptocurrencies, CC brings a fresh, engaging perspective to the crypto news landscape. His personal motto, "Decrypting crypto, one story at a time," perfectly encapsulates his approach: tackling the complexities of cryptocurrency with clarity, enthusiasm, and a hint of playful curiosity.

Follow Us On

Back To Top

Partnership Proposal Form