RE: Bitcoin Halving and Effects on Altcoin Markets

You are viewing a single comment's thread from:

Bitcoin Halving and Effects on Altcoin Markets

in halving •  8 years ago 

The SHA Alts are too week to accommodate big amount of hashes.
It is even worse than was with srcrypt coins after last Litecoin halving - after hashes reached the alts, profitability of their mining dropped below LTC.
There were no pumps to change the situation.
So I think most part of the money will stay with BTC, no significant pump to expect :-)

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!