That's more than 3X the current
hashpower on the entire network.»
Not exact matches
If the altcoin has 5 % of the
hashpower of Bitcoin, then in order to attack the chain via a double - spend at least 5 % of the Bitcoin network's power would need to temporarily redirect itself to mining
on the altcoin.
He added that if the hashrate between the two chains were to split 60/40, Factom could anchor
on both chains and still get 100 percent of the
hashpower.
The Fork Awakens... BitcoinCash is expected to fork off from the main chain
on Tuesday taking roughly 30 % of the
hashpower with it.
This is based
on an average of the price and
hashpower of both chains.
The post Bitcoin Cash Surpasses Bitcoin's Absolute
Hashpower Over the Past few Hours appeared first
on NEWSBTC.
The Resolution's main points were released
on Medium today, and outline a roadmap deemed acceptable by the majority
hashpower Chinese miners and bitcoin core.
Ethereum is still primarily a GPU - mined asset, so any strong crypto without ASIC mining hardware (Bitcoin, Litecoin / Scrypt, Dash) that relies
on proof of work is arguably competing for finite Ethereum
hashpower, but ETC represents a much more direct alternative that so far looks very attractive.