A Bitcoin hard fork built around BIP-110 has produced only 2 blocks since Saturday, according to data cited by CoinDesk on August 11. Over the same stretch, Bitcoin's main chain added roughly 300 blocks. The gap is the story: a fork survives on hashrate, and this one attracted almost none.
Bitcoin traded at $64,127 as of August 11, 2026, down 1.4% on the day, with the wider market reading 38 on the Fear and Greed Index. The stalled fork has not moved that price, which is itself a signal. Markets are treating the split as a non-event.
A chain that mines twice in five days
Bitcoin targets a new block every ten minutes. Two blocks across roughly five days works out to one block every two and a half days on the forked chain, thousands of times slower than intended. That happens when the hashrate securing a chain collapses to a rounding error. Difficulty on the fork was inherited from Bitcoin's main chain, but the miners were not, so blocks that should take minutes now take days.
For anyone holding coins on the forked chain, the practical effect is a network that barely processes transactions. Confirmations that feel instant on Bitcoin can sit unconfirmed for days here. A chain producing two blocks in five days cannot clear a meaningful transaction backlog, and it cannot defend itself.
Miners already said no
This is the second chapter of the same story. Earlier signaling data showed miners rejecting BIP-110 with near-zero support, and the live fork is now confirming that vote with hashrate instead of a poll. Proposals that fail to win miner support do not fork the network in any durable way; they spin off a low-security chain that most of the ecosystem ignores.
BIP-110 was pitched as a consensus change to Bitcoin's rules. A change like that only takes effect if a large majority of hashrate enforces it. Without that majority, the proposal does not upgrade Bitcoin, it creates a splinter chain that the two mined blocks now represent. The main chain kept running under the existing rules, indifferent to the split.
The security math of a near-empty chain
A chain with almost no hashrate is cheap to attack. With so little mining power behind the fork, a single actor with modest hardware could outpace it, reorganize its history, and reverse transactions. That is the core danger of any minority fork: low participation is not just slow, it is unsafe.
Difficulty adjustment makes the picture worse before it makes it better. Bitcoin only recalculates mining difficulty every 2,016 blocks. On a chain producing two blocks in five days, reaching that adjustment point would take years at the current rate. Until then, the fork stays stuck at inherited difficulty it cannot meet, mining at a crawl the entire time. Chains that hit this trap rarely climb out.
Little reason for exchanges to list it
Exchanges and custodians weigh two things before touching a fork: replay protection and sustained hashrate. A chain producing two blocks in five days offers neither confidence nor liquidity, so listings, deposits, and any tradable market for the forked asset are unlikely to materialize. Without an exchange price, there is no incentive for miners to point hardware at it, which keeps block production near zero. The loop feeds itself.
The contrast with contested forks that did survive is sharp. Bitcoin Cash in 2017 launched with real miner backing and immediate exchange support. This BIP-110 chain has drawn neither, which is the difference between a competing network and an abandoned experiment.
For everyday Bitcoin holders, the takeaway is narrow. The main chain is unaffected, the coins in a standard self-custody wallet sit on the chain that kept producing blocks, and there is no action to take. Splits like this matter most as a live demonstration of how Bitcoin's incentive structure handles a rule change the miners do not want: it quietly starves.
Overview
A Bitcoin hard fork based on BIP-110 mined just 2 blocks between Saturday and August 11, versus roughly 300 on the main chain, per CoinDesk. The fork drew almost no hashrate, leaving it slow, insecure, and unlikely to attract exchange support. Bitcoin itself was unaffected, trading at $64,127 on August 11. The episode reinforces an earlier reading: miners had already declined to signal for BIP-110, and the live chain is now confirming that rejection block by absent block.
