Bitcoin Cash, Alert: Mining Difficulty, Block Halving & Profitability vs. BTC

in #cryptocurrency7 years ago (edited)

We are living in very exciting times! Based on Moore’s Law, Harvard researcher's are predicting Bitcoin will reach over $100K, But we all know Bitcoin could actually exceed over $1 Million, especially since there are more millionaires in the world, than there are actually Bitcoins!

But which Bitcoin are we talking about? ...And when Bitcoin Cash forked away from Bitcoin BTC, it came with an upgrade, which has created a "game theory problem", that could cause "Bitcoin Cash" to "crash or freeze" into a standstill, leaving only one true Bitcoin.

So, How does Mining Difficulty connect to Mining profitability? How does the consistent or fluctuating Difficulty Adjustment relate to Blockchain stability? And will Bitcoin Cash become a frozen blockchain, or will miners choose ideology over money? Let's Discuss!

=== Show Links ===

http://coinmarketcap.com/
https://bitcoinmagazine.com/articles/miners-are-milking-bcashs-difficulty-adjustments-and-why-problem1/#1503852458
http://fork.lol/pow/hashrate

► ~~~ embed:Bitcoin/comments/6vis4m/ive_been_awarded_200000_btitcoin_and_all_i_have/ reddit metadata:fEJpdGNvaW58aHR0cHM6Ly93d3cucmVkZGl0LmNvbS9yL0JpdGNvaW4vY29tbWVudHMvNnZpczRtL2l2ZV9iZWVuX2F3YXJkZWRfMjAwMDAwX2J0aXRjb2luX2FuZF9hbGxfaV9oYXZlL3w= ~~~
https://www.coindesk.com/bitfinex-warns-customers-to-halt-deposits-after-suspected-hack/
https://themerkle.com/harvard-researcher-based-on-moores-law-bitcoin-will-hit-100000/
https://cointelegraph.com/news/bitcoin-price-might-exceed-1-million-more-millionaires-in-world-than-bitcoins
https://futurism.com/expert-predicts-bitcoin-will-be-worth-up-to-20000-in-the-next-three-years/

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