"Miner death spiral"? Watch Bitcoin Cash and its fork in the next 8 years.
They already 'sorted' that out by having 144 block (1 day) difficulty adjustments instead of the 2016 block (14 day) difficulty adjustment that Bitcoin has. IIRC, there have been various tweaks made to change how the difficulty gets adjusted, but it seems that they have settled with the 144 block adjustment period. If they have to, they will fork it to have even faster difficulty adjustments.
In that regard, they made sure it's no longer Bitcoin'ish, so it isn't following the white paper that mr Ver keeps referring to. Naughty scammer!
But it will not save them from a falling hash rate. The SHA256 coin keeps miners well fed and profitable is Nitcoin. Bitmaincoin and Craigcoin miners are earning less than Bitcoin miners, and will always be because Bitcoin's model is far better. Bitcoin Cash knows it, and wants to follow it.
Their maximum block size is 32mb, but their biggest mining pools limit block size to 2mb. Haha.
Shower thought. What if Craig Wright is something like a reality TV persona made to troll the Bitcoin community, divide it, and to easily "conquer".
It was successful in its coercion of Gavin Andresen, Roger Ver, and a few other Bitcoiners.
What if? Well. That is not possible again because many people already know who he is and he has now been officially known as scammer, so for him to get this name off will take a very long time, and probably not even in this generation again which he would have even been dead before the story could be forgotten.
Craig was just doing all those things to actually create awareness for himself because he could not even back his point up other than one domain that he used, in fact the Pakistan guy’s story was even still quite believable than that of Craig's own, and I think that he would have even been quiet by now and begging so that he does not pay that amount of money that he was asked to pay in the court which could really wreck him a lot.
Yes, what if Craig Wright is a made-up character played by a con artist with another name?
