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replied 1972d
Why are whether u dump a coin and whether u mine a coin necessarily connected like that? (honest question)
replied 1972d
I am referring to the fact the some of big chinese are HEAVILY invested into BCH. Bitmain at one point had over 1000000 BCH alone. If BCH got forked to another POW, those miners would
replied 1972d
have a large incentive to dump their holdings and hence crash the price utterly.
replied 1972d
That was a long time ago they had that much. I would bet they dumped quite a bit when they were having financial problems. We don't know what they hold now.
replied 1972d
Thx. Still don’t see the incentive to dump though. 94% of their SHA income continues and their decision to dump BCH depends on BCHs prospects regardless of algo.
replied 1972d
Ask yourself this - why did ViaBTC, Antpool (Bitmain) and BTC.top - the biggest BCH miners and those that were on-board from the beginning of BCH when ABC released the first version of
replied 1972d
their node efforts from the "minimum viable fork"-project, choose to support the BCH project in the first place?