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RE: My thoughts on how the Bitcoin fork will play out.
I just did the math real quick and Bitfury has 12% of the hash power today. This gets them about 216 Bitcoins a day or $216,000 USD at current prices. 25% of 216 is 43 Corecoins a day or $43,000 USD a day while they are still incurring the same operating costs for 2 months. At the end of the day the Corecoins they are mining could end up being worthless, where Bitcoin will just keep doing it's thing.
But wouldn't they get more coins if there was less competition? 4 x as more to be exact? I assume with that has lh they get 12 percent of coins but if you lost hat much hash wouldn't they get 48 percent of coins?