Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: sirty143 on May 14, 2020, 12:53:21 PM

Title: Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
Post by: sirty143 on May 14, 2020, 12:53:21 PM

Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving

(https://i.imgur.com/ZsmHS0Fl.jpg)

The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly... See more for yourself here (https://cointelegraph.com/news/bitcoin-cash-and-bsv-hash-rates-surge-following-btc-halving).

Your opinion is greatly appreciated.

Title: Re: Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
Post by: ShadowCrypto on May 16, 2020, 03:39:44 AM

BSV representative Ed Pownall took a shot at Bitcoin’s fees, telling Cointelegraph the average transaction fee for BTC peaked at $3.19 prior to the halving, but “May 11 saw 1.2 BTC processed at block height 630001—with a transaction fee of close to $100.

Title: Re: Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
Post by: Bobcrypto on May 16, 2020, 12:09:06 PM

Yes, as a matter of fact, Bitcoincash and BSV has great potential in the current crypto market price despite the bitcoin halving hash rate surge.
I think Bitcoincash has the highest capacity to surge  side by side to Bitcoin even when the market price is down. BSV has also good resistance but a little slower in recovery.