There is an error in reasoning in this calculation:
- As more miners move to bitcoin cash, then the difficulty rate in Bitcoin cash also will increase dramatically and will make the mining in Bitcoin cash much less profitable.
- About the calculation that it will take 20 weeks, if the hash power reduce by 90%. That would be only true, if all 90% move in 10 minutes at once at the start of the 2016 blocks.
- Even you are right and 50% of miners will move in 3 weeks to Bitcoin cash. But then the Bitcoin difficulty will be reduced by 50%. And then suddenly it will be for 2016 blocks very profitable to mine Bitcoin again . And Bitcoin cash will have delayed confirmation time after. And back .. and forth
RE: The Black Swan That Could Turn Bitcoin Upside Down