Post by twetch#5956

1LETDS…k29q Key · twetch

Why BTC hash didnt drop:

Miners care about future profitability, even with a loss they will keep mining because they expect today's coins to multiply in value tomorrow.

BTC pumps or they go bankrupt.

What the chain says
Block
634 584
Time
2020-05-12T10:49:36Z
Signer
1LETDSy27jzuH1kc1mj2ub8ZatFB22k29q
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#5956

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1LETDSy27jzuH1kc1mj2ub8ZatFB22k29q Verified

Replies (1)

1FNQrW…QoT8 Key · twetch
Replying to@1LETDS…k29q

lots of pools offer switch mining to automatically switch to the most profitable coin as well. There was a brief rise in BSV hash shortly after halvening probably because of the auto switch. another reason BSV price never really gets up for long.