Bitmain Co-Founder Approves BCHSV Listing, Calling it “Good Opportunity”

One of the Bitmain founders, Jihan Wu, has approved CoinEx listing of BCHSV/BCH, BCHSV/BTC trading pairs, calling it a “very good opportunity to increase the number of BCH.”

Bitmain is a China-based, privately owned ASIC manufacturer for bitcoin mining and operator of the biggest bitcoin (BTC) mining pools as well. It was founded in 2013 by Jihan Wu and Micree Zhan.

Previously, there were reports that Jihan Wu and three other func­tionar­ies left the board of di­rec­tors of Bitmain.

On November 15, a global crypto-related exchange platform CoinEx has listed two bitcoin cash (BCH) pairs and Wu took an opportunity to remind all crypto supporters that hardfork doesn't necessarily has to mean something bad.

It’s worth to mention, that on Nov 15, bit­coin cash split into two sep­a­rate forks – bit­coin ABC (main bit­coin cash fork) and bit­coin SV (Craig Wright's Vi­sion). Kraken warned its clients about risks related to bitcoin SV, while Binance announced it would list both versions of fork under the different tickers.

Not everyone were glad with the hardfork, and the blockchain blocks of the bit­coin ABC net­works have begun to fill in with thou­sands of small trans­ac­tions as a result, meanwhile bitcoin cash SV supporter faced with Dis­trib­uted De­nial of Ser­vice DDoS at­tack.

Earlier, on the evening of No­vem­ber 19, the price of bit­coin dropped below $5,000 – de­spite the fact that it ex­ceeded $5,500 in the morn­ing. Over the past five days, the cryp­tocur­rency has lost about 20% of its value.

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