Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
by
Rinaze
on 19/08/2017, 12:16:15 UTC
I'm so curious who is actually pumping BCH currently. Yesterday most of the movement were from Korea/China exchanges?

Thats where it started now everyone's jumping on for a quick reward and will eventually sell when it starts dropping at maybe around $1000

https://docs.google.com/spreadsheets/d/1KlaGfB7_6JjSsIO9UgP4VqQTW-uzQIiZGmzNp5hS6nE/pubhtml?gid=0&single=true

ALL Blocks are still mined by a very small group of addresses




All old Bitcoin Blocks are mined over 51% by the Chinese, the new Bitcoin Cash is no Different.
All ASIC dominated coins are over 51% mined by the Chinese, so if that is a problem for you , you should sell all of your PoW coins.
Personally , I like the Chinese.


╥Aztek
Wow I know China had several large mining farms but I thought they only take up 40%+ of the entire pool all along. Not sure how accurate this is but a quick Google search shows https://www.buybitcoinworldwide.com/mining/china/ and 70%+?!

Edit: Isn't that some very bad news for both BTC and BCH?