Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision
by
Anarcocapitalista
on 26/08/2019, 13:02:07 UTC
Quote from: Iamtutut on August 26, 2019, 12:47:59 PM
Quote from: Anarcocapitalista on August 26, 2019, 12:07:53 PM
For the last 48 hours or so Bitcoin SV has been more profitable to mine than BTC. These (https://sv.coin.dance/blocks) block size stats suggest stable and organic growth given the apps and use-cases built on top of the BSV block chain. The majority of transactions come from a weather app, Twetch, Bitstagram, bitpico and other content creating applications built on top of the BSV blockchain with a monetary incentive. A direct result of these apps have created real micro-payment volume and these applications seem to be increasing daily. For this reason I expect a lot of miners to switch over to BSV within the next month.


It's more profitable per miner only because the hashrate is declining. Less miners = more reward per miner.

The hash-rate has near double since the beginning of June and the price has fallen nearly 50% since. The stat we are looking at are the size of the blocks mined, they have increased in a very stable and strong upwards line that does not seem to be slowing down. We're looking at the chart that says: 'Bitcoin and Bitcoin SV Block sizes.' BSV is on pace to pass BTC this month assuming the same pace of growth.