A Look at Sharkpool’s Mission to Break Altcoins for Bitcoin Cash (BCH)

A new project known as Shark Pool aims to destroy altcoins by flooding their networks with empty blocks, taking the mining rewards and then converting them to Bitcoin Cash.

“All alts, including forks and splits are acts of war against Bitcoin and are going to be treated as such. Shark Pool miner will exclusively mine empty blocks on alts and sell the profits for Bitcoin (BCH),” the pool’s site says.

https://twitter.com/ari_cryptonized/status/1059814112518123521

Shark Pool is currently an invite-only operation at a pre-launch stage that recruits miners based on what algorithms they can contribute hashing power.

Ari Kuqi, the co-founder of CashPay.Solutions—the parent company that created Shark Pool—transparently bashed altcoins in a tweet last week, promising to “hunt down alts.”

https://twitter.com/ari_cryptonized/status/1060149649657466880

At this point, it’s safe to say that the movement behind Shark Pool is political in nature, using BCH maximalist language, calling the coin “Bitcoin” without the “Cash” attached to the …

This article appeared first on Cryptovest

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