RE: Miners are quietly moving to Bitcoin Cash(Huge threat to Bitcoin!)

You are viewing a single comment's thread from:

Miners are quietly moving to Bitcoin Cash(Huge threat to Bitcoin!)

in cryptocurrency •  7 years ago 

Well if you look at the bitcoin hash rate using a block explorer like the one im linking below, you can see varying indicators and averages showing that bitcoin's hash rate isn't decreasing over time and in particular since August's 1st BCH Hardfork, you see the hash rate increasing. Why? Go Figure (aka I don't know cause network effect maybe? i.e. poeople in countries like russia and korea joining the network at a greater rate? idk)

https://blockchain.info/charts/hash-rate?timespan=60days

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yes it's not moving enough at the moment, but without denial that the hashing power has shifted to mine bitcoin cash. As of this post, it has reached to almost 1600 PH/s, that's insane!