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Topic: 40 % of miners already moved from Bitcoin to Bitcoin Cash (Read 2458 times)

hero member
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legendary
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Merit: 1823
This is really a good development for both Bitcoin and BitcoinCash. Before the fork, I thought that a dumping war would happen. But Roger Ver, Jihan Wu and their supporters are not stupid. They are also in the game to make money.

What will really happen is a pumping war. Do you think the whales supporting Bitcoin will just let BitcoinCash win easily?
legendary
Activity: 4200
Merit: 4887
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lol?

Lawl.

 Grin
member
Activity: 70
Merit: 10
Check the hashrate, btc vs bitcoin cash here, avg 24 hours.

http://fork.lol/pow/hashrate
member
Activity: 70
Merit: 10
i don't think that miners already moved from bitcoin to bitcoin cash because the most of miners is still on bitcoin mining and the big company still work with bitcoin. but i wonder, how much bitcoin cash difficulty? is it lower than bitcoin? if yes, how much amount of reward that miners will get? this is still in my mind but i am not yet found the answer.

https://cash.coin.dance/blocks

Faster blocks, 7 % difficulty when compared to Bitcoin and the reward is 12.5 BCC per block. More and more miners choose to mine BCC over BTC, because they make more money... and with the BCC u can still buy btc. Bitcoin Cash is soon to become the longest chain and by Satoshi's vision, the longest chain should be the real bitcoin. Transaction fees are MUCH MUCH lower than Bitcoin's, transactions are faster as well.
hero member
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i don't think that miners already moved from bitcoin to bitcoin cash because the most of miners is still on bitcoin mining and the big company still work with bitcoin. but i wonder, how much bitcoin cash difficulty? is it lower than bitcoin? if yes, how much amount of reward that miners will get? this is still in my mind but i am not yet found the answer.
sr. member
Activity: 456
Merit: 250
Even after a large number of miners moving to bitcoin cash mining we have got the majority of the miners. This is based on price fluctuations that's been taking place in large scale. Past few days the growth of bitcoin cash seems high and the same has started to drop.
legendary
Activity: 1414
Merit: 1000
But why would anyone want to buy bch - it doesn't do or add anything. The price will plummet when the pumpers stop supporting this high price and the miners will leave it, just like they would abandon any shitcoin.
hero member
Activity: 672
Merit: 500
Go get a real site we don't want to see a brand new site without any facts do you even know how much 30% will affect the blockchain it will take hours to confirm with the highest fees. I'm not aware that you are a miner if yes you should know how these news can cause a chaos so please stop spreading lies all miners please don't believe this news
legendary
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I read that it was 20%


Bitcoin Cash Now Commands Over 20% of BTC’s Total Hashrate



" On August 21 the Bitcoin Cash (BCH) network got a lot more active as the large mining pool Antpool has pointed some of its hashrate towards the BCH chain. According to data, the forked chain’s hashpower has spiked exponentially, and BCH hashpower is roughly a quarter (approx. 2 exahash) of the BTC hashrate at the time of writing. "
hero member
Activity: 600
Merit: 504
no they have not.

what the hell is that site anyways a .lol domain name is your reference? really?

and that website is not reliable at all. the hashrate of bitcoin has not changed at all and you can also see it from the blocks that are being mined and the time between them. there is still nearly the same 10 minute blocks with occasional 1 hour blocks like all these past 8 years.

https://bitinfocharts.com/


Here's another page, but I guess he does not want to take his blindfold off. It can also be fud and more fud on your part
legendary
Activity: 3010
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this is actually getting pretty interesting!
the blocks on bitcoin cash are being found ridiculously fast. and that shows it is more like a surge of miners who waited this long until the hashrate drops first then start mining it so that they can mine at a lower hashrate and find more blocks.

you know what this means, they are only looking for that 12.5+fee reward to dump.

the more interesting this is to see what will they do after the difficulty went back up again and it stopped being profitable at $500 to mine bitcoin cash.!!

Funny how some commentators are saying that BCH price is "correcting" up. I suppose any trade term is applicable with enough semantics. Why wouldn't miners move over to BCH anyway? It's common mining strategy to switch over to a coin that's profitable for the hashpower they have. I'd be more than happy to have more alts, including BCH, for the work I do, if it simply means I can exchange it for more BTC. And that's precisely what's going to happen with all the extra BCH mined: dumped at exchanges for BTC.
legendary
Activity: 2128
Merit: 1293
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this is actually getting pretty interesting!
the blocks on bitcoin cash are being found ridiculously fast. and that shows it is more like a surge of miners who waited this long until the hashrate drops first then start mining it so that they can mine at a lower hashrate and find more blocks.

you know what this means, they are only looking for that 12.5+fee reward to dump.

the more interesting this is to see what will they do after the difficulty went back up again and it stopped being profitable at $500 to mine bitcoin cash.!!
sr. member
Activity: 966
Merit: 342
I guess they extrapolate the numbers of Bitcoin Cash; their block finding is very fast now
https://cash.coin.dance/blocks

And: I don't mind if miners are moving to bitcoin cash: difficulty will rise there fast enough, but may be will be bit lower on bitcoin itself - and that's good news for me.  Cheesy

And maybe it is really shifting:
http://www.coinfox.info/news/7466-antpool-and-btc-com-start-mining-bitcoin-cash-price-corrects-to-682
hero member
Activity: 2702
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no they have not.

what the hell is that site anyways a .lol domain name is your reference? really?

and that website is not reliable at all. the hashrate of bitcoin has not changed at all and you can also see it from the blocks that are being mined and the time between them. there is still nearly the same 10 minute blocks with occasional 1 hour blocks like all these past 8 years.
You are definitely right if you do check the hash rate its still the same and hasnt changed at all. and regarding on the website and its domain name.Its my first time to encounter such thing. haha. This is just fud and who the hell would decide to go on bitcoincash purely came from original bitcoin.?
sr. member
Activity: 284
Merit: 250
I did not moved mi rigs and I don't care if someone did. Just don't see any reason why (only pp, but only for 2 days, rly?) I should.
sr. member
Activity: 475
Merit: 500
http://fork.lol/pow/hashrate

and increasing, interesting.
The domain is cool, I never heard a site that discusses the miners with a domain like this.
This is just kidding right?
legendary
Activity: 1937
Merit: 1001
How is the domain name relevant? Only the data matters.
sr. member
Activity: 826
Merit: 265
http://fork.lol/pow/hashrate

and increasing, interesting.

So what are you implying then? Is this a new wave of FUD now? I hope you need to understand that it will not be beneficial to miners to just suddenly shift to a new that is simply a pump and dump coin. And they will not leave bitcoin as it is still profitable to mine it up until to the last bitcoin mined.

no they have not.

what the hell is that site anyways a .lol domain name is your reference? really?

and that website is not reliable at all. the hashrate of bitcoin has not changed at all and you can also see it from the blocks that are being mined and the time between them. there is still nearly the same 10 minute blocks with occasional 1 hour blocks like all these past 8 years.

I didn't check the website and a .lol? LOL. Yeah I think bitcoin hashed rate hasn't changed for a long time and I'm still seeing the same time over the last couple of years and I doubt it will change in the next coming years.
hero member
Activity: 1470
Merit: 655
no they have not.

what the hell is that site anyways a .lol domain name is your reference? really?

and that website is not reliable at all. the hashrate of bitcoin has not changed at all and you can also see it from the blocks that are being mined and the time between them. there is still nearly the same 10 minute blocks with occasional 1 hour blocks like all these past 8 years.
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