Post
Topic
Board Speculation (Altcoins)
Re: Who is pumping Bitcoin Cash?
by
Savik
on 12/11/2017, 17:13:47 UTC
Miners are switching from BTC to BCH:

https://fork.lol/pow/hashrate

BCH is implementing a change to the difficulty adjustment algorithm on Nov 13 that will do a better job of maintaining 10 minute block times regardless of mining power:

https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/

https://www.yours.org/content/deadalnix-s-difficulty-algorithm-explained-ac50eb2b1f16/

BTC holders are dumping BTC and buying BCH. BTC has lost $26Bil in a week, BCH has gained $20bil in the same time. Price is rising rapidly. Miners are finally going to flock to BCH because there will be more stability in block times and less volatility for them. BTC is grinding to a halt with long block times and unconfirmed transactions.

https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html