Will BCH even be worth mining after the halving?

[mindrust]

There was an interesting post on reddit about bch's hashrate reccently:

The current BCH hash rate oscillation looks like a death spiral

~~

The current oscillation in hash power looks like a death spiral. What you are seeing is one or more miners/pools only mining when difficulty is low, and then turning off or mining another chain when difficulty increases in response to their mining.

I would stay away from this coin as it is not secure. The miners only mine this when the difficulty drops and they go back to btc once the difficulty rises. This shit is on life support.

What a hashrate pattern.I cant describe it on words but that doesnt look appealing.Im just surprised why there are people who do still interested with BCH.

Bitmain owns most of those coins so i wont entrust up my funds into a coin which does have that kind of possible manipulation power.
Halving even doesnt affect much BCH price for unless if the demand rose up then its possible.

They expect Roger & Jihan to pump their bags that's the only reason they still hold. Nobody believes in the tech, there is no development, no adoption, no hashrate... just a shitcoin with empty promises. Maybe it will make some huge gains with the new bull run but so does everything else.

[distr@yopmail.com]

They expect Roger & Jihan to pump their bags that's the only reason they still hold. Nobody believes in the tech, there is no development, no adoption, no hashrate... just a shitcoin with empty promises. Maybe it will make some huge gains with the new bull run but so does everything else.

I even left BCH a long time ago. until now I think only the support of the community that maintains BCH but is traded and is in the market. non-existent updates as you said are one of the most compelling reasons not to mine or have a BCH. and despite the pump happening, I don't believe BCH will have enough power to stabilize its price on the market.

[wheelz1200]

They expect Roger & Jihan to pump their bags that's the only reason they still hold. Nobody believes in the tech, there is no development, no adoption, no hashrate... just a shitcoin with empty promises. Maybe it will make some huge gains with the new bull run but so does everything else.

I even left BCH a long time ago. until now I think only the support of the community that maintains BCH but is traded and is in the market. non-existent updates as you said are one of the most compelling reasons not to mine or have a BCH. and despite the pump happening, I don't believe BCH will have enough power to stabilize its price on the market.

Miners almost all insta dump so they dont care about updates, development etc.  I am not saying bcash is any good but people mining bcash doesnt have relevancy since mining is mostly done for insta profits.  You guys need to separate why people mine from the actual coin itself, it's all about profitability when mining

[Febo]

Will BCH even be worth mining after the halving?

BCH or BTC or BSV, none will be worth mining unless there will some miners left or price will increase. So far in past it usually happened the second. If price will not increase then it will not be worth mining and few miners with highest electricity cost will stop mining.

[Wysi]

Will BCH even be worth mining after the halving?

BCH or BTC or BSV, none will be worth mining unless there will some miners left or price will increase. So far in past it usually happened the second. If price will not increase then it will not be worth mining and few miners with highest electricity cost will stop mining.

Yes there is no point of mining especially when the market is not good and I think mining is beneficial for individuals only during the bull run as I have tried mining during bull run as well as bearish market situation and trust me I got some income during bull run and once the market stated to fall I ended up paying more electricity bills than what I have earned. I think mining is not a good idea for income.

[wheelz1200]

Will BCH even be worth mining after the halving?

BCH or BTC or BSV, none will be worth mining unless there will some miners left or price will increase. So far in past it usually happened the second. If price will not increase then it will not be worth mining and few miners with highest electricity cost will stop mining.

Yes there is no point of mining especially when the market is not good and I think mining is beneficial for individuals only during the bull run as I have tried mining during bull run as well as bearish market situation and trust me I got some income during bull run and once the market stated to fall I ended up paying more electricity bills than what I have earned. I think mining is not a good idea for income.

 

coin price is not the only part of the profitability equation.  Actually there are times when it's better mining when the price was suppressed because less people were mining.  You need to add in the difficulty to see whether or not you would make more than your electric costs.  Not knowing this is a big reason why people lose money mining crypto