Miners will point their hash rate to the coin that makes the most money. The market price will decide the outcome of the fork, not the miners. The miners will just follow the price.

Ticker

1 BTC = $27152.67 USD  (via Coinbase)
1 ETH = $1906.14 USD  (via Coinbase)
1 LTC = $94.53 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

I see a lot of statements like: 'BTU will win because they will have the most mining support'. Miners are like whores, they will just go to the chain that makes them the most money. It doesn't matter how much hashing power is voting for BTU right now. They are not going to mine at a loss for a long time. Hash rate will be distributed according to the relative price of both chains.

submitted by /u/apoefjmqdsfls
[link] [comments]

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $27152.67 USD  (via Coinbase)
1 ETH = $1906.14 USD  (via Coinbase)
1 LTC = $94.53 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply