79b79aa8
Well-Known Member
@AdrianX but what solutions does IBM's private blockchain provide? and how will it generate revenue? i went to hear arvind krishna speak about it once, it was incomprehensible.
i suppose corporate clients can pay large fees to IBM to load/download their data to and from IBM's distributed database. it is not clear this model competes.
cypher, the drop in hash rate is perfectly predictable, BCH and BSV have halved and miners are incentivized to mine BTC this month. a large BSV miner will reason something like this: fully dedicate a % of hashrate to support the network as a long term investment; dedicate the rest to generate revenue, whether in fiat or BSV. right now that second portion of the hashrate will generate more fiat or BSV by mining BTC and selling it for cash or trading it for BSV, than by directly mining BSV.
the interesting thing will be to see how hashrate reacomodates once BTC halves.
i suppose corporate clients can pay large fees to IBM to load/download their data to and from IBM's distributed database. it is not clear this model competes.
cypher, the drop in hash rate is perfectly predictable, BCH and BSV have halved and miners are incentivized to mine BTC this month. a large BSV miner will reason something like this: fully dedicate a % of hashrate to support the network as a long term investment; dedicate the rest to generate revenue, whether in fiat or BSV. right now that second portion of the hashrate will generate more fiat or BSV by mining BTC and selling it for cash or trading it for BSV, than by directly mining BSV.
the interesting thing will be to see how hashrate reacomodates once BTC halves.