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Topic: [2018-09-07] Bitcoin Cash Hash Rate Drops By 37 Percent in One Day (Read 84 times)

legendary
Activity: 2016
Merit: 1106
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Bitcoin Cash Hash Rate Drops By 37 Percent in One Day

Bitcoin Cash (BCH), the third largest cryptocurrency in the world, has suffered from an enormous drop in hash rate over the last 24 hours, making a widely feared 51 percent attack a reality. After plunging by 36 percent in a single day, the BCH current hash rate is sitting at 3.372 Ehash/s.

https://u.today/bitcoin-cash-hash-rate-drops-by-37-percent-in-one-day

BCH miners are moving to Bitcoin again because there's no incentive mining BCH now?

And the article also mentions the possibility of double-spending attack since hash rash is so low?

The BCH hash rate is 4.4 H/S, it mean it rose 40% in a day.


https://bitinfocharts.com/en/comparison/bitcoin%20cash-hashrate.html#3m

if you look at the charts, you can see that the hashrate is jumping up and down like mad
add to that the internal strife BCH experiencing ,it is not surprising at all the hashrate dropped
well,it is back up now ,so the see saw is going to continue
depending on what is more profitable to mine at the moment- BTC or BCH
newbie
Activity: 33
Merit: 0
Quote

Bitcoin Cash Hash Rate Drops By 37 Percent in One Day

Bitcoin Cash (BCH), the third largest cryptocurrency in the world, has suffered from an enormous drop in hash rate over the last 24 hours, making a widely feared 51 percent attack a reality. After plunging by 36 percent in a single day, the BCH current hash rate is sitting at 3.372 Ehash/s.

https://u.today/bitcoin-cash-hash-rate-drops-by-37-percent-in-one-day

BCH miners are moving to Bitcoin again because there's no incentive mining BCH now?

And the article also mentions the possibility of double-spending attack since hash rash is so low?

The BCH hash rate is 4.4 H/S, it mean it rose 40% in a day.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
A part from the stable coins like USDT and TrueUSD in addition to bitcoin diamond/Gold & Dogecoin, the rest of cryptocurrencies crushed badly especially ETH. For BCH, the problem is double, it crushed like any other crypto and it crushed further because it has kids fighting between each other in their ivory tower...
hero member
Activity: 2842
Merit: 772
Quote

Bitcoin Cash Hash Rate Drops By 37 Percent in One Day

Bitcoin Cash (BCH), the third largest cryptocurrency in the world, has suffered from an enormous drop in hash rate over the last 24 hours, making a widely feared 51 percent attack a reality. After plunging by 36 percent in a single day, the BCH current hash rate is sitting at 3.372 Ehash/s.

https://u.today/bitcoin-cash-hash-rate-drops-by-37-percent-in-one-day

BCH miners are moving to Bitcoin again because there's no incentive mining BCH now?

And the article also mentions the possibility of double-spending attack since hash rash is so low?
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