Thursday, 12 November 2020

Can someone explain the fork in terms required mining power to cause a split please?

If I remember correctly, the BSV fork required miners to mine at a loss for a certain period before the difficulty was adjusted.

Does someone have to mine BCHA at a loss for a period too? Or will one BCHA block (a miner donating 8%) cause a split and then difficulty will get adjusted to make it equality profitable to mine?

Edit: I’m asking so that I know whether there’s a chance that there won’t be a split at all, which is my desired outcome. I think a split will cleave a bit of value off BCH, even if it’s 4/5%, it’s a pointless split.

BCHA will be a failure as it doesn’t even get aumery the funds he wants, and unfortunately it looks like he’s trying to stick around by making ABC compatible with BCH.

submitted by /u/Meeseeks-Answers
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source https://www.reddit.com/r/btc/comments/jsjy9v/can_someone_explain_the_fork_in_terms_required/

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