should be 3-4x BTC, given one BCC = 0.3-ish BTC. maybe there are complexities with the new blocksize? in any case, unless there’s some
Why would I care if the block I mine is the *next* block? That doesn't matter to me at all.
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Right. There's always another block.
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Steve is right in the medium-term case, because that is what difficulty adjustment is for. But wrong in the short term.
End of conversation
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no, thinking about it i think you guys are right. the work i’ve wasted on a block i fail to mine was as useless to the current block as to
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the next one. so basically, i can think of myself as mining alone at whatever the difficulty is. (how sad!)
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There's an chance that you will find a block that is invalidated by someone else finding at about the same time, but that's marginal effect
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yeah, i wasn’t trying to think through second order games about latency and connectedness in a transient fork or anything like that.
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but it brings us to
@binarybits initial question: if mining is always mining alone, effectively, difficulty is identical but price is much -
higher for bch, why mine it? did the fork include accelerated difficulty adjustments, or are some bch supporting miners altruistically
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bearing opportunity costs to support the fork?
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I think it's the latter.
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Work is wasted anyway if it didn't find a block; it doesn't accumulate.
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