Currently there’s a high chance the BCHA side of the #BitcoinCash split won’t result in a viable chain. It’s been 8 hours and there’ve been only 4 blocks mined by one miner — the current BCHA hashrate is 12 times lower than it was before the split. Here are the main issues:
1) BCH hashrate has already been very low. Only 0.6% of the BTC SHA-256 hashrate is required to 51%-attack BCH. With BCHA it’s just 0.05%. One somewhat big solo miner and BCHA is swamped with malicious chain reorgs. NOT SECURE!
2) BCHA is currently being mined by just one miner (at a HUGE loss considering the BCH price is 18x higher and the 8% dev tax). NOT DECENTRALIZED!

Also — difficulty adjustment! The price may further go down (bigger miner losses while it’s adjusting), ages between blocks, etc.
You can follow @nikzh.
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