Hash Rate
measures the rate of performance in solving any given algorithm that needs solving in order to obtain mined Cryptos
The main cost of a miner's are usually electrical cost, cost of equipment and rental. The higher the hash rate, the better a miner is able to receive a block reward which is limited in terms of numbers. At any one given time, only one miner get's that reward block.
Today, when I woke up, the first thing I saw was an article about Satoshi Nakamoto mining huge amounts of Bitcoin cash for a mysterious purpose.
Satoshi Nakamoto mining over 40% of Bitcoin cash
The question is why? It really stinks when your mining your own business after investing in equipment, power and rental when suddenly, you see Satoshi Nakamoto receiving most of the Bitcoin cash. Has Satoshi suddenly gotten the Infinity gauntlet of mining?
Definitely, there are fears of such activities. It is obviously not the real Satoshi. There may be a potential attack that may come and it may also be to manipulated Bitcoin Cash's prices by accumulation of large amount of Bitcoin cash to later dump it off all at once reducing demand and ultimately the price. I smell an arbitrage.
In case you do not know what Bitcoin cash, behold the power of knowledge below from the Wizard of
Bitcoinamateurpretendtobeknow
Bitcoin Cash - The What is
Bitcoin cash is a hybrid of Bitcoin that was born from a HARD FORK. It has more transaction capacity
Are you a Bitcoin cash supporter? What do you think is the motive of the Satoshi Nakamoto's dominance in mining Bitcoin cash?
I think I at this moment of time, owning anything that has Satoshi written on it would make you famous.