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RE: THE CASHENING | Will Bitcoin go to zero soon? | MUST SEE!
BCH survived with 2% of miners, so why wouldn't BTC survive with 50 or less lol, you are not making any sense
You do cloud mining too? I read you like an open book...done so done
Cause it won't be profitable. They can't adjust the difficulty for 2016 blocks. If those never get mined cause a lot of miners are leaveing, then the difficulty will not be adjusted for a very long time so it makes no sense to mine Bitcoin at all anymore. That is what I am saying in the video. Atleast I tried.
Less miners means less competition, so any of left miners can get reward more often, you have to take that into account aswell
Inverse correlation, if 1000 people mine BCH, then every single one of them can get some 1/1000 if 10 000 do chance goes down to 1/10 000
Heck if so many stop mining BTC, I will start mining it
Yes but it is possible that you will run your mining operation alone. And as far as you do not mine 2016 blocks for a difficulty adjustment you are not getting much at all.
If 2016 blocks can't be reached anymore, I guess it is still possible to hard fork to not leave all the owners stranded? Just a thought.
We already had a hardfork on 1st of Aug and the next one is planned in November.