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Why does Bitcoin SV have majority support from miners?
BEHIND THE SCENES AT COINFEED TV
https://coinfeed.com
Recent reports show Bitcoin SV has support from more than half of the Bitcoin Cash mining network. Do you believe that? Here’s where it gets tricky. Mining is an incredibly concentrated and secretive business. Those who control a large amount of the hashing power can use it manipulate the truth. For example, you can point your hashing power at your opponent’s chain to run a 51% attack. In that case, Bitcoin SV’s higher share of hashing power could be a Trojan horse. Or more simply you can choose to turn off your miners and hide your hashing power to make it seem like your opponent has support. You then buy your own tokens at a discount. Then at the final hour you switch all your miners on to show your chain was the winner all along. Your coin pumps. You’re rich. Your opponent is homeless.
https://coinfeed.com/view/3336306/64/bitcoin-sv-flexes-muscles-in-stress-test
Oh Hai,
I'm Coinfeed TV. This is not your daddy's Bloomberg. We tell it like it is and we may hurt your feelings. But we do it because cause we love you. Now bring it in.
This show is slightly advanced. If you're just getting into crypto much of this will go over your head. But that's okay, we have a home for you too. Download the Coinfeed app and say hello. Someone there would be happy to help you.
We'll use this show to discuss cryptocurrencies (or as we prefer to call them: cryptoassets) such as Bitcoin. We'll also cover some alt coins from time to time. We likely won't mention any assets that have low liquidity since those assets are more prone to manipulation. Coins in our system include: Ethereum ETH, NEO, GAS, Litecoin LTC, Ripple XRP, Dogecoin, Pied Piper Coin PPI, Tether USDT, Stellar XLM, Nem XEM, Binance BNB, Kucoin KCS, ZCash ZEC, Monero XMR, Cardano ADA, Nano
Hastags be like: #crypto #cryptocurrency #bitcoin #btc #cryptomemes #altcoins #eth #dapp #blockchain #fintech #trading #money #coinfeed
Content creators suggested by our members: Andreas Antonopoulos, Altcoin Buzz, Bitcoin Ben, Bitraged, Blockchain Report, Bo Polny, Boxmining, Cedric Dahl, Chris Dunn, Cliff High, CNBC Crypto Trader, Coinmastery, Coin Daddy, Crypto Bobby, Crypto Beadles, Crypto Blood, CryptoBud, CryptoCandor, Crypto Crow, Crypto Daily, Crypto Fiend, Crypto Lark, Crypto Love, Cryptosomniac, Crypto Zombie, DataDash, Decentralized TV, Dobe4Ever, Doug Polk, Ivan on Tech, Jimmy Song, Kaiser Report, Kenn Bosak, Laura Shin, Magical Crypto Friends, Richard Heart, Siraj Raval, The Dollar Vigilante, TheChartGuys, The Modern Investor TMI, TradeDevil, Tone Vays
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By Coinfeed, LLCBEHIND THE SCENES AT COINFEED TV
https://coinfeed.com
Recent reports show Bitcoin SV has support from more than half of the Bitcoin Cash mining network. Do you believe that? Here’s where it gets tricky. Mining is an incredibly concentrated and secretive business. Those who control a large amount of the hashing power can use it manipulate the truth. For example, you can point your hashing power at your opponent’s chain to run a 51% attack. In that case, Bitcoin SV’s higher share of hashing power could be a Trojan horse. Or more simply you can choose to turn off your miners and hide your hashing power to make it seem like your opponent has support. You then buy your own tokens at a discount. Then at the final hour you switch all your miners on to show your chain was the winner all along. Your coin pumps. You’re rich. Your opponent is homeless.
https://coinfeed.com/view/3336306/64/bitcoin-sv-flexes-muscles-in-stress-test
Oh Hai,
I'm Coinfeed TV. This is not your daddy's Bloomberg. We tell it like it is and we may hurt your feelings. But we do it because cause we love you. Now bring it in.
This show is slightly advanced. If you're just getting into crypto much of this will go over your head. But that's okay, we have a home for you too. Download the Coinfeed app and say hello. Someone there would be happy to help you.
We'll use this show to discuss cryptocurrencies (or as we prefer to call them: cryptoassets) such as Bitcoin. We'll also cover some alt coins from time to time. We likely won't mention any assets that have low liquidity since those assets are more prone to manipulation. Coins in our system include: Ethereum ETH, NEO, GAS, Litecoin LTC, Ripple XRP, Dogecoin, Pied Piper Coin PPI, Tether USDT, Stellar XLM, Nem XEM, Binance BNB, Kucoin KCS, ZCash ZEC, Monero XMR, Cardano ADA, Nano
Hastags be like: #crypto #cryptocurrency #bitcoin #btc #cryptomemes #altcoins #eth #dapp #blockchain #fintech #trading #money #coinfeed
Content creators suggested by our members: Andreas Antonopoulos, Altcoin Buzz, Bitcoin Ben, Bitraged, Blockchain Report, Bo Polny, Boxmining, Cedric Dahl, Chris Dunn, Cliff High, CNBC Crypto Trader, Coinmastery, Coin Daddy, Crypto Bobby, Crypto Beadles, Crypto Blood, CryptoBud, CryptoCandor, Crypto Crow, Crypto Daily, Crypto Fiend, Crypto Lark, Crypto Love, Cryptosomniac, Crypto Zombie, DataDash, Decentralized TV, Dobe4Ever, Doug Polk, Ivan on Tech, Jimmy Song, Kaiser Report, Kenn Bosak, Laura Shin, Magical Crypto Friends, Richard Heart, Siraj Raval, The Dollar Vigilante, TheChartGuys, The Modern Investor TMI, TradeDevil, Tone Vays