Re: Eth will skyrocket the next days

I think the very same on this.

the dao exploiter is out to screw with eth. what could possibly work better for him than the creation of etc? if he's still out there somewhere I think he's gonna get behind it for the lulz.

Yes let's see what he can do with 3.6 m stolen ETC and a hash rate collapsing of < 4.5%.

Here's a clue... FUCK ALL.

The hash rate is 18% of the ETH and the price is also 18% of ETH. So if the hacker dump, the hash rate will decrease.

If the hacker dumps then all his coins are in the market now. It will affect the price of course. But after the dump he will have nothing on the platform now. I don't think the hash rate will decrease even if the hacker dumps. There is no connection. There are miners who decided to point their power to the original Ethereum classic despite knowing that there might be a dump. That has not stopped them from mining at Ethereum classic.

Most of the miners are in for the money. If the price is low, and the profitability is lower, they will not mine it.

That is true. I noticed that the ETC price has dropped recently, so the ETC hashing rate also dropped.

In the last 24 hours, the ETC has risen about 20%, and it is more profitable to mine at the moment.

The ETC price has ready dropped about 20%. It is about 20% of the ETH price at the moment. so is the hash rate.