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Inevitable. Mining profit reaches equilibrium across all coins mining hardware works for. :) It should land at parity at some point. As miners join up for the i
by RichardHeart 9y ago
Inevitable. Mining profit reaches equilibrium across all coins mining hardware works for. :) It should land at parity at some point. As miners join up for the increased reward, the reward gets divided across more parties, and thus reduced per individual.
Thus regardless of the price of the coin, the profit in mining it will be equalized across coins, because of the fixed reward divided by total mining power.
#Bitcoin has wider infrastructure to turn your coins into cash, and other network effects which are strong, which will help it overcome the difficulty adjustment downward retargeting advantage Bitcoincash has.