/biz/ - Business & Finance

>>11863105
I agree with what you say at this point:
> And the way it works as a fucking business is very important and simple and its this; "miners mine whatever is most immediately profitable for them to mine". That's it. That's one hundred percent of the truth when it comes to what the bulk of existing hashpower in the world does

But right now, it's not profitable to mine "Bitcoin Cash" (BCHABC) - see image to the left taken from https://cash.coin.dance/blocks

So what the fuck are those six players doing, moving from the profitable BTC to generate 5-9000PH/s for the BCHABC chain within 24 hours?

It's almost like someone wanted to declare a quick victory, first with the block size argument and then with proof of work accumulation argument.

I expect that the next argument will be that even if BCHSV has more blocks and more hash (when BCHABC loses the proof of work advantage), that doesn't matter because they've got the centralised checkpoints and so it doesn't matter who wins the hashwar.