Thursday, February 25, 2021
Only Bitcoin Market News
Advertisement
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos
Only Bitcoin Market News
No Result
View All Result

Attention: Can Attack Bitcoin Cash – Somag News

9 months ago
in Cash
2 min read
Attention: Can Attack Bitcoin Cash – Somag News
Share on FacebookShare on Twitter

Related articles

OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash – Decrypt

OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash – Decrypt

February 24, 2021
Skrill offers fiat-to-crypto withdrawals for its digital wallet service

Skrill offers fiat-to-crypto withdrawals for its digital wallet service

February 24, 2021


While the entire cryptocurrency market focuses on Bitcoin (BTC) block reward halving, Bitcoin Cash is known to have experienced a halt before this. Although there was a significant increase in price until BCH was Halving, it was seen that after Halving took place, miners had escaped from the network at a frightening rate.

Bitcoin Cash Network Is On The Verge Of The Cliff
Experts claimed that after Bitcoin Cash Halving, miners switched to the Bitcoin network that had not yet experienced block prize halves, and emphasized that this would improve after BTC Halving. However, after Bitcoin Halving, there was not a big change in the number of miners in the BCH network.

Based on the information that Yassine Elmandjra conveyed, the hash rate of the Bitcoin Cash network has decreased by 30% since BCH Halving. This has left the network quite defensive, and now it can theoretically spend $ 10,000 an hour and rent the necessary mining hardware, attacking the Bitcoin Cash network with a 51% attack.

Bitcoin Cash is not looking healthy:

-Hashrate down 30% since halving (& only accounts for ~2% of SHA256 hash)
-Economic throughput at all time lows
-Fees are .05% of miner rev (<$100/day)
-Theoretical 51% attack costs <$10k/hr

Surprised we haven’t seen a large scale attack yet

— Yassine Elmandjra (@yassineARK) May 23, 2020





Read more:Attention: Can Attack Bitcoin Cash – Somag News

Tags: AttackAttentionBitcoinbitcoin news todayCashNewsSomag

Related Posts

OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash – Decrypt

OKCoin CEO Defends Her War on Bitcoin SV and Bitcoin Cash – Decrypt

by Bitcoin Market
February 24, 2021
0

In brief In an interview, OKCoin CEO defends its controversial trading suspension of BSV and BCH. Craig Wright’s recent...

Skrill offers fiat-to-crypto withdrawals for its digital wallet service

Skrill offers fiat-to-crypto withdrawals for its digital wallet service

by Bitcoin Market
February 24, 2021
0

Skrill, a digital payments provider that forms part of the integrated payments platform Paysafe has launched a fiat-to-crypto currency...

Bitcoin Group SE with strong start into 2021- Integration of Bitcoin Deutschland AG

Hemptown Drives Financial Innovation: Now Accepting Bitcoin and Other Cryptocurrency

by Bitcoin Market
February 23, 2021
0

The nation's premium hemp company now expanding payment options to include cryptocurrencyPortland, Oregon--(Newsfile Corp. - February 23, 2021) -...

Bitcoin Slumps Below $50,000 as Caution Sweeps Over Crypto Rally

Bitcoin Slumps Below $50,000 as Caution Sweeps Over Crypto Rally

by Bitcoin Market
February 23, 2021
0

(Bloomberg) -- Bitcoin slid Tuesday after a bout of volatility highlighted lingering doubts about the durability of the token’s...

Bitcoin price crashes spectacularly, wiping $10k from value

Bitcoin price crashes spectacularly, wiping $10k from value

by Bitcoin Market
February 22, 2021
0

The price of bitcoin has crashed spectacularly following weeks of steady gains.More than $10,000 (£7,120) was wiped from the...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

Crypto-Powered Social Media Platform Voice Planning Launch for July 4 | CryptoGlobe

June 8, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

Institutional investors see Bitcoin holding US$50,000 suggests ETP provider

February 18, 2021
Bitcoin boom backstopped by central banks’ easy-money policies

Bitcoin boom backstopped by central banks’ easy-money policies

February 4, 2021
5 Cryptocurrency Staking Providers – A Review | Hacker Noon

5 Cryptocurrency Staking Providers – A Review | Hacker Noon

January 30, 2021
Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

Argo Blockchain reports earnings and revenue surge in first half as Bitcoin mining

February 25, 2021
Bitcoin: What its history reveals about its future | DW | 24.02.2021

Bitcoin: What its history reveals about its future | DW | 24.02.2021

February 25, 2021
Charlie Munger on Bitcoin: ‘buy the unspeakable’

Charlie Munger on Bitcoin: ‘buy the unspeakable’

February 25, 2021
Dogecoin jumps 25% after a one-word Elon Musk tweet about the red-hot cryptocurrency

Dogecoin jumps 25% after a one-word Elon Musk tweet about the red-hot cryptocurrency

February 25, 2021
Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

February 25, 2021
Bitcoin Dump Saw Exchange Inflow Jump Over 1,000%, Whale Address Sells 2,700 Coins,

Bitcoin Dump Saw Exchange Inflow Jump Over 1,000%, Whale Address Sells 2,700 Coins,

February 25, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • investors
  • Technical
  • Crash
  • spam
  • stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • bitcoinBitcoin(BTC)$50,942.003.66%
  • bitcoin-cashBitcoin Cash(BCH)$541.924.16%
  • binance-coinBinance Coin(BNB)$262.9914.96%
  • bitcoin-goldBitcoin Gold(BTG)$28.61-2.96%
  • bitcoin-privateBitcoin Private(BTCP)$0.8132.30%
  • blocktixBlocktix(TIX)$0.0200.00%