Bitcoin Cash Haemorrhages Value, Now More Profitable to Mine Bitcoin
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Bitcoin Cash Haemorrhages Value, Now More Profitable to Mine Bitcoin
BitMEX Research has found that the ‘hash war’ that has been raging between the two versions of Bitcoin Cash since last week has cost the network as a whole over $6 million in revenue.
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Hash war estimated costs live update
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Combined totals:
* Estimated leasing fees: $8.1m
* Combined gross losses: $6.1m
Even assuming cheap energy costs, SV miners have a negative gross margin of 353% & $1.4m of gross losses. @CalvinAyre@ProfFaustus cant keep this up forever. read more)
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