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I guess this is one of the merits of proof-of-work: force miners to mine on one chain only, and if the token on the fork is worth less compared to their relativ
by runeks 9y ago
I guess this is one of the merits of proof-of-work: force miners to mine on one chain only, and if the token on the fork is worth less compared to their relative increase in hash rate on the fork, they lose money.
In my opinion, the financial motive of miners played a big role in this decision, and that’s exactly what proof-of-work is supposed to achieve: consensus through selfish miners.
Has anyone done the math on the profitability of Bitcoin Cash miners versus regular Bitcoin miners?
- srwx 9y agoIt's graphed in real time: https://fork.lol/ https://fork.lol/
- runeks 9y agoAwesome! Not as clear-cut as I thought, though. The BCH income also seems a lot less stable than for BTC; shooting up to twice as profitable as BTC and then down to half as profitable. I assume there’s quite a lot of variance in the time-between-blocks in the BCH network.
- viraptor 9y agoAll the time: https://whattomine.com/calculators https://whattomine.com/calculators