Bitcoin Cash miners threaten to fork unless funding proposal is withdrawn

Bitcoin Cash miners have been left with a bitter taste in their mouths after BTC.TOP’s CEO Jiang Zhuoer published his proposal to direct 12.5% of mining rewards to support the BCH infrastructure over the next six months. In response, anonymous North American and European miners have announced the formation of an, “opposing mining group.”

“We are a group of North American and European miners representing, at this point in time, 1.6 exahash/s,” said the anonymous group. “We will represent 2.5 exahash/s come May 2020 due to expansion amongst our companies.”

The group stated that they would be launching a competing BCH pool to, “offer a voice to miners that disagree with the proposal,” and, “donate a 1% of our income to development teams.”

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