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50% Of BCH Hash Rate Controlled By Unknown Miner For 24 Hours

An obscure Bitcoin Cash (BCH) digger was evidently responsible for over half of the token’s hash rate for 24 hours.

The digger appeared to mine 73 squares from 10 am Oct. 24 to 10 am Oct. 25, to which Twitter client Notgrubles reacted this is the motivation behind why “BCH is a security hazard and a risk,” while asking to de-list the coin.

By controlling half of BCH hash rate, the obscure excavator, or conceivably diggers, are not far-removed from controlling the whole system and the capacity to do “evil things” as one Redditor smoothly said.

Redditor Bitmeister had maybe the most fascinating perspective on this ongoing occasion, by saying that all things considered, Bitcoin (BTC) diggers are exploring different avenues regarding their generally futile BTC hashpower by pointing it at BCH.

Toward the finish of September Bitcoin’s system hash rate plunged a record 40%. The blaze drop stayed unexplained and was all the all the more striking given the Bitcoin system’s record-breaking string of new record-breaking high hash rates all through the mid year.

Only days prior, Cointelegraph had announced that Bitcoin’s hash rate had passed a record 102 quintillion hashes in a memorable achievement.

A higher hash rate implies more noteworthy challenge among diggers to approve new squares. It additionally expands the quantity of assets required for playing out a 51% assault, making the system increasingly secure.

In a state of harmony with Bitcoin’s unexpected value help yesterday, altcoin showcases additionally entered the green zone, with BCH recording a monstrous increase of over 15% on the day as of press time.

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