QUESTION: will a higher LTC price suck GPU hashrate from ETH or is there sufficient supply of GPUs? If yes, then even Ethereum's miners might be in support of the Litecoin activation of SegWit. Why would BTCC mine LTC with their GPUs otherwise.
BTCC wins because they have warehouses of gpu's
Okay so Litecoin has 58% of SegWit signaling without BTCC's help. Yet Bobby Lee created BTCC because of his brother Charlie Lee. I think we can expect BTCC take some GPU hashrate away from ETH and/or ETC, to push SegWit to activation at 75% support and keep it there while the support for SegWit solidifies for the
inevitable economic reason I have explained. They will be losing money on the LTC mining with GPUs, but gaining overall in the strategic sense. Remember BTCC is also involved with Scrypt mining so their profitability on that will increase as a result of a much higher LTC price. The GPUs are probably their least valuable asset that is closest to end of life, so they'd probably sacrifice it, especially given Vitalik is planning on changing the consensus algorithm to PoS.
Thus I now feel this is virtually a sure thing and have dumped my ETH in exchange for LTC. I don't want to be holding ETH if BTCC removes hashrate from ETH and/or ETC.