LukeJr Aligned Pool Spends Half a Million to Mine Bitcoin Fork

mining

A mining pool aligned with developer Luke Dashjr reportedly spent about $500,000 to mine a competing Bitcoin fork. The outlay demonstrates a significant short-term financial and hashpower commitment to sustain a minority chain. This raises short-term uncertainty for users, exchanges, and services tracking blocks on the fork but does not threaten the security of Bitcoin’s main chain unless a majority of miners switch support.

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