Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did.
Believe it when we see it.
How's 2/3 of the network - up from considerable minority days ago.
https://cash.coin.dance/blocks/todayOh too late! You didn't close your eyes fast enough.
There is none so blind as he who refuses to see.
Ok. Where do you think that hashrate increase is coming from? They were previously mining BTC? Is it leased hashpower?
Well, it is a fascinating question. And one to which I have no ready answer. I can imagine a number of possibilities, but they'd all be idle speculation.
It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.