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Why? The hashpower is based on profitability which is based on price. You might as well be saying if the price is high enough it will be the winner.
by topmonk 9y ago
Why? The hashpower is based on profitability which is based on price. You might as well be saying if the price is high enough it will be the winner.
- jstanley 9y agoLong-term, whichever is the winner will gain the most price and therefore the most hashpower. Neither hashpower nor price make it the winner. In the long term, actual people wanting to hold & use it makes a winner. Price and hashpower follow that.
- topmonk 9y ago> Neither hashpower nor price make it the winner. Either you or I are having trouble parsing the English language tonight. I never implied otherwise.
- fosap 9y agoInside of one coin hashpower makes the winner, because the chain with the most accumulated difficulty wins. It makes sense to transfer this to the relation of different coins. currently BTC wins, but if miners would stick to bch this might change.