The whole spectrum of the game theory involving miners goes deeper. Miners can be bribed to act in a way that would seem irrational at first, without knowing that there is a bribe going on.
Case in point: An attacker (let's call this Government A) bribes miners into mining at a loss, the chain of a fork, in order to push this fork as "the real Bitcoin on all major exchanges, which are also bribed by Government A, such as Coinbase et al. These miners seem to be mining a less valuable coin, but they are making more money doing so by accepting the bribes.
This is an attack on bitcoin, and this will explain when you see any miners mining segwit2x at a loss in the following weeks.
That's actually a really interesting way to look at it. And it could very well be true. But how can we counter this? Should we all start running nodes that support core and reject blocks that were mined by miners with the 2x software? Would this help? Because large companies have stated they will support the chain with the most hashing power.
xFiber, one thing I know for sure: it's better to try to do something than to do nothing at all.
If you can afford your own mining pool, then that's just great!
But if not, you should at least run your own Bitcoin Core full node.
I'll repeat, it is better to be doing at least something than just be passively sitting and waiting.
I've pretty much always had a full node since 2011. As well as talk about it everywhere heh. Grind the bitcoin cash for my friends who had no clue how.
I've been lazy lately but I'll make an effort.
Just went online with a full node on my Xeon 24/24 server hosting my company domain name, port forwarded obviously.
I'll copy the blockchain and have it run on a few other machine soonish as well. Using another IP and still port forwarded.
interprog, well done!
(look, the number of full Bitcoin Core nodes have raised pretty significantly recently, and that 2x miners' servant Garzik has had to increase the number of his fake btc1 nodes too.
It is not so hard for everyone to start (at least) one full node, as it is for Garzik to start hundreds of his false btc1 nodes