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replied 952d
When BCH goes up BTC miners switch to BCH then dump on exchanges to buy more BTC. It is easier for bigger pools to mine empty blocks. https://memo.cash/a/0b59bf4172
replied 948d
Even with me when i see higher on that i switch it righ away
replied 948d
Some miners do the opposite. Mine BTC and use it to buy more BCH as a long game.
replied 952d
It's like they invest on BCH to gain more funds for BTC?
replied 952d
Yes, their goal is to acquire more BTC. Sometimes it becomes more profitable to mine BCH because they use the same hashing algorithm.
replied 948d
some miners do it, they turn out not to be so great after all
replied 952d
I see, now I'm learning new things. Thanks for the response.