Without a doubt, the main event on which all eyes of the crypto world are made, is the Halving of Bitcoin expected for may. However, the Halvings happened the last days in the chains of Bitcoin VS and Bitcoin Cash, give a preview of what could happen in BTC. Therefore, despite the fall in the rewards of both currencies, farms, mining as SBI Crypto have increased their involvement in mining BSV.
Two Halving in the crypto world
When talking about the Halving of Bitcoin from the next month, the majority of the users of the crypto world are optimistic. After all, why not be? Especially when the precedent of the last two Halving in the Blockchain of BTC. Which drove the price of the criptomoneda, up to the point in which came to around usd 20,000 in 2017. However, in the case of Bitcoin Cash (BCH), and Bitcoin SV (BSV), the story has not been at all as sweet. Then, after both cryptocurrencies to live their respective Halvings in the last few days, there was a radical increase in your quote. On the contrary, these currencies have seen a reduction in their prices, following the trend marked by Bitcoin. Despite the fall in price SBI Crypto increased its participation in mining BSV. Source: CoinDesk of course, this has been a real blow to these cryptocurrencies. Which were reduced to half the reward of their miners to keep running their platform. Without that, as compensation, would enjoy a hike in the price of that reward.
SBI Crypto increases participation in mining BSV
Despite this, there still remain major players in the crypto world that still opt for these cryptocurrencies. Even in the face of the fall in the profitability in the mining of the same. This is the case of SBI Crypto, the branch dedicated to the cryptocurrencies of the giant financial SBI Holdings. Which has increased its participation in mining BSV from the Halving in its Blockchain. By observing the percentage of participation of the main farms mining Bitcoin VS, we can see as SBI Crypto step from a participation of 4.4% last week, the 15,28% you currently have. At the same time that the percentage of farms of mining smaller, was strongly reduced. Participation in mining BSV SBI Crypto gave a leap after the Halving. Source: Coindance This increase in participation in mining BSV SBI Crypto, it is still more interesting due to the close proximity between the CEO of SBI Holdings Yoshitaka Kitao, and Craig Wright, the promoter of Bitcoin VS that claims to be Satoshi Nakamoto. What could be a crucial factor in the commitment of SBI with the criptomoneda, even after the Halving. And the reason why we chose this as our Data today here in CriptoTendencia.