NewsCryptoSaylor: BIP-110 Fork Holds Just 0.15% of Bitcoin's Hashpower, Faces 25-Year Difficulty Adjustment Wait

Saylor: BIP-110 Fork Holds Just 0.15% of Bitcoin's Hashpower, Faces 25-Year Difficulty Adjustment Wait

Author: Blockonomi·

Key Takeaways

  • The BIP-110 fork has secured only about 0.15% of Bitcoin's total hashpower, with 99.85% of mining power remaining on the original chain.
  • Since launching, the fork has mined just two blocks and now lags more than 80 blocks behind the main Bitcoin network.
  • At current mining rates, BIP-110 would require roughly 25 years to mine enough blocks for its first difficulty adjustment.
  • The fork emerged from an ongoing debate over Bitcoin's limited block space, which intensified after Ordinals inscriptions began competing with payment transactions for throughput.
  • Previous Bitcoin forks such as Bitcoin Cash in 201 attracted substantially more miner participation at launch, highlighting BIP-110's marginal support by comparison.
Saylor: BIP-110 Fork Holds Just 0.15% of Bitcoin's Hashpower, Faces 25-Year Difficulty Adjustment Wait

The BIP-110 fork has secured approximately 0.15% of Bitcoin's total network hashpower, according to Strategy chairman Michael Saylor. He noted that 99.85% of mining power remained on the main Bitcoin chain following the split, leaving the minority branch with negligible support.

The BIP-110 fork has mined only two blocks since its launch and now trails the primary Bitcoin chain by more than 80 blocks, raising questions about its long-term viability. The fork reflects an ongoing debate over Bitcoin's limited block space, which intensified after the launch of Ordinals inscriptions in early 2023 enabled users to embed images, text, and other non-financial data directly on the blockchain, competing with payment transactions for throughput.

Fork Struggles to Gain Miner Support

The BIP-110 fork emerged after developers proposed temporary limits on non-financial data embedded in Bitcoin transactions. Saylor said Bitcoin functioned exactly as intended during the split, with the protocol allowing the fork to occur while the network independently chose not to follow it.

He shared his analysis through a post on X:

Bitcoin worked exactly as designed. BIP-110 was free to fork, and the network was free not to follow. The result was decisive: about 99.85% of Bitcoin's hashpower stayed with Bitcoin. The BIP-110 branch mined only two blocks and is already more than 80 blocks behind.

— Michael Saylor (@saylor) August 9, 2026 (https://x.com/saylor/status/2086388338521497714?ref_src=twsrc%5Etfw)

The overwhelming concentration of hashpower on the original chain demonstrates where miners place their trust, Saylor emphasized. He described the imbalance as clear evidence that the market has rejected the fork. Previous Bitcoin protocol forks, such as Bitcoin Cash in 2017, attracted significantly more miner participation at launch, underscoring how marginal BIP-110's support is by historical comparison.

25-Year Wait for First Difficulty Adjustment

At its current hashpower level, the BIP-110 fork needs to mine 2,015 more blocks before reaching its first difficulty adjustment. Saylor calculated that at today's mining rate, this process would take approximately 25 years to complete.

Bitcoin's difficulty adjustment recalibrates every 2,016 blocks — roughly every two weeks on the main chain — to maintain the ten-minute average block interval by making mining easier or harder depending on total network hashpower. Because BIP-110 inherited Bitcoin's current difficulty setting but commands only a fraction of its hashpower, blocks take far longer to discover. Without a timely adjustment to lower the difficulty threshold, the fork faces a structural barrier: each block becomes increasingly slow and costly to mine, further discouraging hashpower from joining the chain.

This timeline stands in stark contrast to Bitcoin's standard two-week difficulty adjustment cycle, reflecting the fork's severely limited mining resources.

Saylor noted that while anyone can fork Bitcoin, forks do not automatically gain legitimacy without broader network backing. For a fork to matter, security, utility, capital, and real users must all follow, he stated.

He closed his remarks with a direct observation about how Bitcoin consensus functions: "Consensus is earned, not declared."

The developments around BIP-110 illustrate how Bitcoin's proof-of-work system naturally filters out unsupported changes. Hashpower distribution continues to overwhelmingly favor the established chain, and current data indicates continued dominance by Bitcoin's main network.