According to recent reports, the ASIC mining giant and crypto mine operator Bitmain is currently caught in a downward spiral that could lead to dire consequences for the company.

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The Israeli research and development arm of cryptocurrency mining giant Bitmain will close, resulting in the firing of all 23 staff due to market “turmoil.”

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Two weeks after the first chain-split of a chain-split, which many blame for the recent crypto crash, BSV’s main miner, Coingeek, has announce that there will be no attack of the BCH chain and that they don’t want the BCH ticker.

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What happened with the Bitcoin Cash (BCH) hard fork on November 15th? What kind of fork was it? What is the difference between BCHABC / BAB and BCHSV / BSV (note: broad agreement on ticker symbols has not necessarily occurred yet)? What will OP_DATASIGVERIFY and Canonical Transaction Ordering (CTOR) do? Does the original chain still exist? Is there a hash war going on? What happens to coins from the prior BCH chain? What is replay protection?

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Bitcoin Cash trading will resume on Coinbase shortly, but the future ain’t so bright for Bitcoin Cash SV.

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Cryptocurrency mining pool ‘SharkPool’ has recently threatened to annihilate “alts who dare bearing the Bitcoin name.” The pool was launched by a prominent bitcoin cash startup that created it to attack altcoins that it believes doesn’t fulfill Satoshi Nakamoto’s original vision.

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Bitcoin Cash Satoshi’s Vision seemed to be the dumb loser coming up with scars from this war. But if you look at the event closely, BSV was created and listed on top exchanges like Binance, a lot of attention was drawn to the project, and opponents were made to look like fools – so is BSV the real winner of this war?
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The hard fork has been completed, Bitcoin Cash has been split, but a new competition was birthed as expected. With Bitcoin Cash ABC and Satoshi Vision in motion, the end product can only be one token above, and the other below ;

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The #1 cryptocurrency in the market, Bitcoin [BTC], recently saw a plunge below the $6000 mark over rising concerns of mining and the upcoming Bitcoin Cash [BCH] hard fork. The market for the coin continued to move below the $5500 mark and is currently resting below its most crucial resistance in its bearish run over the year.

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