Talk of the town in BSV just recently is a mysterious miner…

mungojelly ·

Talk of the town in BSV just recently is a mysterious miner mining empty blocks. They've accumulated eight thousand BSV worth of block rewards, apparently. A theory that just occurred to me is that they're just flat out of ammo to keep down the BSV price-- they've been struggling for a long time, & there's more ways to buy it lately, maybe they're just quietly losing & needed to have any leverage on the price at all. IDK just something that occurred to me. I feel like they have to run out of BSV to sell us sometime, this has been silly.

Replies

Chefmyklove ·

Is this the going thought?: that there is someone out there deliberately suppressing the price of BSV? This kind of “attack “ is a great way to power up for furthering that kind of manoeuvre. I’m not knowledgeable enough about mining’s tricks but how does someone end up winning so many blocks?

mungojelly ·

No trick, they just have like 80% of the hash. They've spent like nearly half a million dollars on hash by now. And they're stacking the coins not selling, so they're either speculating or they're going to try to do a big angry dump of them. Ohh noooo don't attack us w/ cheap Bitcoin, pleeeease don't do that, lol.

metamitya ·

do you understand why smaller blocks have a smaller chance of being orphaned? im missing this piece. ie. why does it help to mine empty blocks? !promise:5

metamitya ·

[[bsv empty miner]]