Re:Bitcoin cash mining profits jump
by davidgerard on Sunday August 20, 2017 @07:18AM
(#15057956)
This is all true, but none of it has ever affected interest in a cryptocurrency.
BTW, not even the one actual use case for bitcoin is interested in bcash: https://www.reddit.com/r/DarkNetMarkets/comments/6s30ss/have...
This is all show to try and prop up the coin. Both the pump and the "profitability" of mining it.
%98 of the blocks of this coin are mined by an unknown entity-- in other words, it's not decentralized. It's trivial for that entity to manipulate the difficulty retargeting mechanism in his favor.
Stay away. This is not "bitcoin" in any sense.