Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
Yea in a couple of hours BCH should become around 240% less profitable (I have seen it estimated at one point to be over 300%) essentially BTC miners will earn almost 3x as much as a BCH miner and all miners will most likely abandon the network again probably just for a day though until the EDA kicks in and drops it until blocks are mined at 2m intervals for a couple of days rince and repeat as long as possible until one day people have enough
Well, as long as profitability is higher, no one will have enough.
However, let me remind you that the block reward will halve from 12.5 to 6.25 BCH/block at height 630'000, and unlike the Bitcoin Core network, transaction fees are nowhere near compensating this in the foreseeable future, even less with 8MB blocks.
So, that might be interesting
I know I stated all this a few pages back I estimated it should happen around may I think providing the current cycle continues and even the possibility of another halving to 3.125 before the end of next year if the difficulty has to drop further speeding up block times even further