Friday, 24 January 2020

Somebody help me with the 12% math. If the hashrate drops by 12%, and the price stays relatively the same - then this 12% donation will not touch the miner's take home profit.

IMHO the 12% donation is not coming out of the miner's pockets - its coming out of the hashrate. BCH will suffer a 12% hashrate drop and if the price stays relatively the same, the miners are now getting paid the same reward, but with 12% less effort - so a 12% increase in profit...here comes the donation and boom, they are back to their original profit.

submitted by /u/whyison
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source https://www.reddit.com/r/btc/comments/et387w/somebody_help_me_with_the_12_math_if_the_hashrate/

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