In front of Bitcoin's Hard Fork Cash, the Visions Competing of Coin Vie for Hash Rate

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With the approach of the Bitcoin Cash hard fork of November 15th, most of the hash power favors the Bitcoin Cash SV iteration favored by the nChain of the Australian computer scientist Craig Wright, the data of Coin Dance show on November 12th .

According to Coin Dance, 66-77% of the miners Bitcoin Cash (BCH) is supporting the SV network based on currency hash rates, compared to 18-29% support for Bitcoin Cash ABC, which is favored by the crypt evangelist Roger Ver .

The data is an estimate that the miners pools have shown support for coins after the eventual rigid fork.

In contrast, Coin Dance notes that of the 2246 nodes running on the Bitcoin Cash network, 1,079 are nodes of Bitcoin Cash ABC, while 166 are nodes of Bitcoin Cash SV.

Bitcoin Cash Nodes from November 11th. Source: Coin Dance

Bitcoin Cash Nodes from November 11th. Source: Coin Dance

In particular, neither factor is a total indicator of which field will come out on top after the rigid fork. Starting a Bitcoin node is cheap and, in theory, a user could launch several nodes for less than a few hundred dollars. While the hash rate is crucial for Proof of Work (PoW), if a currency is not accepted by trades, the hash would be wasted. At press time, Bitcoin Cash ABC and Bitcoin Cash SV are traded on Poloniex for $ 393 and $ 107, respectively.

The controversies surrounding the hard fork have taken a personal turn at the beginning of this week, as the arguments of the biggest supporters of both sides, Ver and Wright, have become more intense. Wright – who previously claimed to be the inventor of Bitcoin (BTC) Satoshi Nakamoto – said in an email that Ver "hated Bitcoin" and considers it "an enemy".

Wright would finish his e-mail by repeating "I AM Satoshi" and saying "Good life, now you'll find me when I'm pissed off."

At the time of printing, Bitcoin Cash is down 4% on the day, trading at 508.60, according to CoinMarketCap data.

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