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Topic: Bitcoin Chain Death Cycle (Read 179 times)

full member
Activity: 196
Merit: 103
November 24, 2017, 06:17:44 PM
#1
Any Idea for the upcoming Bitcoin Difficulty Adjustment?

Is it true that the next difficulty adjustment will make BCH "Bitcoin cash " to be most profitable to mine?

We all know that the bitcoin block-chain rely on its miners. If miners shifts to BCH (because it is more profitable to mine, "Just like what miners always do") Then the transaction fees for bitcoin will become high and the confirmation takes weeks or days again.

https://qz.com/1127817/bitcoin-cash-bch-price-could-lead-to-bitcoin-death-spiral/

https://steemit.com/bitcoin/@crypto-daily/the-chain-death-cycle-of-bitcoin

Bitcoin Chain Death Spiral Happens if the Hash Rate Fell 50% below.
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