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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