Why Miners mine BCash or Bitcoin when it is less profitable.
Hi guys, welcome to The Cryptocoin Den, My first post will be about some of the game theory behind the SHA256 mining between BCash and Bitcoin. So I read a few interesting articles about the game theory behind the SHA256 mining and the alternating between BCash and Bitcoin, but they did not really explain the current equilibrium state between BCash and Bitcoin. I suggest to read some background articles first : BCash difficulty adjustments by Jimmy Song Mining BTC BCH past present and future by Jimmy Song Even miners that hate BCash cash might want to mine it. While Jimmy Song's articles are interesting and generally well founded, lately he and others do not understand why the miners keep mining BCash when it is less profitable than Bitcoin and visa versa. But actually to me this makes sense and here is why I believe that. At first not many miners mined BCash, only the pro BCash miners, who look for the profit of selling more mining equipment and trying to replace Bi...