Bitcoin SV (BSV) miners remain dedicated to the new network in expectation of future development, but in the short term, mining BSV is less profitable compared to what the Bitcoin (BTC) network offers.

The reason is that until recently, a lot of mining power was producing BSV blocks, leading to a higher difficulty. At the same time, the Bitcoin mining difficulty adjusted downward by 15% to account for the lower number of miners.

The profitability of the Bitcoin network increased its advantage, rising to 65.7% as of 11:30 UTC on Thursday, according to

This article appeared first on Cryptovest

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