Ok, honest question here- another redditor commented that most miners mine whichever chain is more profitable. So when CoinGeek amassed a ton of hashpower, they basically displaced miners who have no loyalty to either chain and pushed them to BTC.
So.. if their SV client doesn’t gain support on its own merits, and they take their hashpower with them, wouldn’t an equal amount of miners just end up switching from BTC to BCH, effectively making up the difference?
In other words, I don’t think you can just buy a big chunk of the network and exempt yourself from political influences. The competition between BTC/BCH for miners prevents this. I think. What do you all think?
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source https://www.reddit.com/r/btc/comments/9a28xm/how_relevant_is_nchaincoingeeks_bch_hashpower/
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