BCH haters still hating even though BCH is 9.8% more profitable to mine and miners starting to move over to BCH.
Let me tell you something that probably most BCH hardcore fans are missing
With the new update both BTC and BCH will have an averge block time of 10 minutes.
Taking into consideration that the reward for a bitcoin block is 12.5 + 5 (average fees) and the price is 6500
And the reward for a bcash block is 12.5 + 0 fees an the price is 1200..
What do you think miners will choose to mine?
https://fork.lol/reward/blocksThe daily reward for BTC mining is 8 times more than BCH.
i think that you miss something. this would be true if the hash rate was the same. but they are not. you have to add this in your calculation.
and i don't support BCH btw.
Hashrate at the x moment or date is irrelevant.
Mining bitcoin for one day gives the miners 8 times the profit of mining Bcash.
The hashrate will adjust as miners will choose what's more profitable to mine.
Let's assume 66% go to Bitcoin cash and only 33% remain on bitcoin.
You know the profitability would look?
8 times less money and 2 times more miners, that's 16x.
The difficulty is going to follow the reward, not the other way around.