Row 8867
Content Data
This page contains data entry 8867 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
>Am I misunderstanding?
No, but at the time of the halving 12.5 BCH per block, lots of people short sold.
Because of the algorithm if you mine more BCH, the difficulty goes up, and so the profitability goes down. One can rent mining equipment, and if one rented less than 1% of the mine equipment to mine BCH all the BCH, miners will just move to mine BTC.
Difficulty just needs to go marginally higher then the profitability to make the other miners switch, that's still a lot cheaper than buying in the market and pushing up the price.
That opportunity has diminished since this halving. That could partially explain some of the sorts being covered and the BCH price going up.
| Field | Value |
|---|---|
| text | >Am I misunderstanding? No, but at the time of the halving 12.5 BCH per block, lots of people short sold. Because of the algorithm if you mine more BCH, the difficulty goes up, and so the profitability goes down. One can rent mining equipment, and if one rented less than 1% of the mine equipment to mine BCH all the BCH, miners will just move to mine BTC. Difficulty just needs to go marginally higher then the profitability to make the other miners switch, that's still a lot cheaper than buyi… |
| label | r/btc |
| dataType | comment |
| communityName | r/btc |
| datetime | 2024-05-20 |
| username_encoded | Z0FBQUFBQm5Lakw0dWRxWXhjMDBQM25yeGJSY2M2ekhobWdDSXlhMlExMU5xMWlsZW5oM1RSVE5ja2tZRHlsWDNwcE1qWGx0Y3FpVTJENkJWRjY2VVZ5X3g4NEhRc2ctSmc9PQ== |
| url_encoded | Z0FBQUFBQm5Lak9IcFlRVC1uMk5fYXBKc3F2UEhZSFc1T3J0TFRSWGVLOHM5Zzk4VDJSWGF2cmtZS1hSSmFvU3NKYV9GcUtaaEJGdURwVk9XYTB3LUNYbWFLNWlnRGtmNGNNOGNrd1hPdU9fcGJsOE9hRld3TjJuWmtwc2NzTXJXS1BBbG9ZZUVqUHQ1Y2JtSldmREhMck40WDZ0Y2RMSUlMM29KVVlCUHc0R1dyVHE0bGw3S2FmYkwtU1JWd1hjNFBTRVdEQ0lJY01EZDI0N0JjRTdYOGoxQXNNMjRzYUxBUT09 |
Raw Record
{
"text": ">Am I misunderstanding?\n\nNo, but at the time of the halving 12.5 BCH per block, lots of people short sold. \n\nBecause of the algorithm if you mine more BCH, the difficulty goes up, and so the profitability goes down. One can rent mining equipment, and if one rented less than 1% of the mine equipment to mine BCH all the BCH, miners will just move to mine BTC. \n\nDifficulty just needs to go marginally higher then the profitability to make the other miners switch, that's still a lot cheaper than buying in the market and pushing up the price. \n\nThat opportunity has diminished since this halving. That could partially explain some of the sorts being covered and the BCH price going up.",
"label": "r/btc",
"dataType": "comment",
"communityName": "r/btc",
"datetime": "2024-05-20",
"username_encoded": "Z0FBQUFBQm5Lakw0dWRxWXhjMDBQM25yeGJSY2M2ekhobWdDSXlhMlExMU5xMWlsZW5oM1RSVE5ja2tZRHlsWDNwcE1qWGx0Y3FpVTJENkJWRjY2VVZ5X3g4NEhRc2ctSmc9PQ==",
"url_encoded": "Z0FBQUFBQm5Lak9IcFlRVC1uMk5fYXBKc3F2UEhZSFc1T3J0TFRSWGVLOHM5Zzk4VDJSWGF2cmtZS1hSSmFvU3NKYV9GcUtaaEJGdURwVk9XYTB3LUNYbWFLNWlnRGtmNGNNOGNrd1hPdU9fcGJsOE9hRld3TjJuWmtwc2NzTXJXS1BBbG9ZZUVqUHQ1Y2JtSldmREhMck40WDZ0Y2RMSUlMM29KVVlCUHc0R1dyVHE0bGw3S2FmYkwtU1JWd1hjNFBTRVdEQ0lJY01EZDI0N0JjRTdYOGoxQXNNMjRzYUxBUT09"
}
Entry Information
- Entry ID: 8867
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000