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No. all coins do not have equal mining participation.
by groundzeros2015 7mo ago
No. all coins do not have equal mining participation.
- eru 7mo agoI think the comment you replied to meant that the other coins are also dropping in price, when bitcoin drops.
- groundzeros2015 7mo agoYes, but the coins with less participation require less power to compete. To make a market argument that there is an equilibrium of players across all coins, implies there are actual individuals finding opportunities and switching coins when they get out of sync.
- eru 7mo agoMiners already switch between coins, yes.
- groundzeros2015 6mo agoAnd their reason for switching coins is?…