Why Bitcoin Cash’s Mining Troubles Should Scare Bitcoin Maximalists

From dashnews.org

Bitcoin Cash experienced some mining issues recently, with what is reportedly a single actor controlling a majority of the hashrate, as well as serious fluctuations with how fast blocks have been produced. Naturally, Bitcoin maximalists have been gleeful to pile on and criticize. That’s too bad, because if I were a maximalist, I’d be pretty terrified right now about what something like this shows can happen to Bitcoin. In a low-usage speculative market, lagging price can kill security The profit that cryptocurrency miners make is largely dependent on the price of the coin they mine, as that emission tends to have ... (full story)