Yes they are scared. The SV hash is not visible, shadow mining empty blocks to re-org ABC so they need to have a very high (above equilibrium) hash rate to prevent a deep reorg.
I do not think they are doing a secret re-org, i think simply bleeding ABC's $$. bitcoin.com is wasting an absurd amount of money right now. only logical explanation for why SV felltoo
SV is bleeding more money than BCH.
No way man. Look at the hashrates, the profitability for BTC is way higher right now, esp yesterday when SV's dropped to 1.1 Exa. ABC is using pools to fund this - they pay cust in BTC
If you have some numbers, i'd like to see them. key difference is ABC's hash is not their own where as BMG and Coingeek are privately owned, not pools
The last numbers I saw were BCH 365,000 SV 397,000. But it's been a few days.
Seems mighty unlikely since SV will have to reorg 685 (557452-556767) blocks since ABC's checkpoint checkpoint
Everyone seems to think they have to reorg the whole chain. Why do people think that? Reorg like 10 blocks (repeatedly?), and already you have done much damage. Miners miss rewards etc
A short re-org attack, if worked on by enough hash to matter, would've already materialized.
So you know their battle plan then? What if they use a war of attrition approach atm until unprofitable mining is reduced more and then attack? Or maybe they still gather their forces?
"The lord works in mysterious ways"
Are you comparing me to a preacher?
Yes.
OK. Thank you for the information. I'll add you to my list of people who have nothing of value to add to any discussion cause they cannot think.
Shadow mining attack... because he can't really know how close on his heels Craig is... maybe Craig's just mining BTC at huge profit whilst Roger burns $. Will attack later short reorg
2/3 so basically Craig and Calvin lose $ mining at a loss. But Roger loses money mining at a loss AND has to pay a really high premium to do it... and cannot titrate it to match the
A couple of days ago BCH had 365,000 in mining loss. SV had 397,000 in mining loss. I haven't seen a new update, but don't presume BCH is losing more money than SV
Hard to say really. With BTC much much more profitable to mine. Roger is spending a fortune to rent hash (must pay to make them whole again...) Whereas Craig and Calvin own theirs
