Bitcoin Lost Support of Miners Lately!

steembusiness(69)

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2017-08-22 12:34

"I can't change the direction of the wind,
but I can adjust my sails to always reach my destination."
_{(Jimmy Dean)}

Some Miners Moved Their Hashpower to BCH

While hanging out in the general Steemit.Chat a little yesterday, I´ve got a link from @acidyo, which lead me to a website showing some statistics on BTC & BCH since the fork. For sure everyone might interpret Data differently but it is pretty obvious that Bitcoin lost the Support of some Miners within the last two days.

Taking a closer look on the Data, the Hashpower used to mine Bitcoin started to drop by more than 30% since 20. August, while the one for BCH increased respectively over the same time. But let´s not make a long story out of it, as it was (at least for me) basically all pretty obvious after taking a look on the BCH Price Chart on Coinmarketcap...

Just take a look for yourself on the Price Chart and the Hashrate Statistics below and you´ll see that some Miners most probably moved away from BTC in order not to miss out on a possible huge price increase of BCH...

In my opinion, we might now see the real Power standing behind BTC right after some miners adjusted their sails that quickly or do you think it´s just a huge coincidence that this move happened exactly at the peak of BCH two days ago?

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